Evolving Inflation Dynamics : Was it Mean, Variance or Persistence?

This paper carries out another evaluation on a highly debated property of inflation dynamics, namely its persistence. We study inflation dynamics for the United States since 1959 with a time-varying methodology where the intercept, variance and persistence are allowed to vary over time. We witness some permanent changes in these three parameters, with remarkably low end-of-sample estimates for inflation persistence

MoreLess

Year of publication:	2011
Authors:	Gadzinski, Gregory
Publisher:	[S.l.] : SSRN
Subject:	Inflation \| Theorie \| Theory \| Volatilität \| Volatility \| Phillips-Kurve \| Phillips curve

freely available

Full text |

More access options

doi.org

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (12 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 4, 2008 erstellt
Other identifiers:	10.2139/ssrn.1923698 [DOI]
Classification:	E31 - Price Level; Inflation; Deflation ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; C22 - Time-Series Models
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014177885