Skip to main content
  • Olivier Coibion and Yuriy Gorodnichenko, Lessons from the Financial Crisis for Monetary Policy (American Economic Journal: Macroeconomics, Volume 7, no. 1, 2013), chap. 6, https://www.nber.org/books-and-chapters/lessons-financial-crisis-monetary-policy/phillips-curve-alive-and-well-after-all-inflation-expectations-and-missing-disinflation.

Published From Paper

- Working Paper
We evaluate possible explanations for the absence of a persistent decline in inflation during the Great Recession and...

More from the NBER

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.

2026, 18th Annual Feldstein Lecture, Mark Duggan, "Social Security Reform in an Era of Fiscal Deficits" Primary tabs
  • Feldstein Lecture
Mark Duggan, who is currently the Wayne and Jodi Cooperman Professor of Economics at Stanford University and will soon...
SI 2026 Methods Lecture
  • Methods Lectures
Research Associate Melissa Dell of Harvard University and Ashesh Rambachan of MIT delivered the 2026 Methods...