NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Is Inflation Just Around the Corner? The Phillips Curve and Global Inflationary Pressures

Olivier Coibion, Yuriy Gorodnichenko, Mauricio Ulate

NBER Working Paper No. 25511
Issued in January 2019

---- Acknowledgments ----

We are very grateful to Mathieu Pedemonte for excellent assistance with the data, Geoff Kenny and Aidan Meyler for providing data on Euro-zone expectations, and our discussant Kirstin Hubrich for helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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