Journal Article
Forecasting inflation and the Great Recession
Messer, Todd; Bassetto, Marco; Ostrowski, Christine (2013-07)
This article shows how the recovery of inflation in 2009-10 occurred precisely at the only time (since 1985) the models would predict disinflation, i.e., inflation went up when the models said it should go down.
Economic Perspectives , Volume 37 , Issue Q III