On the relationship between inflation persistence and temporal aggregation
This paper examines the impact of temporal aggregation on alternative definitions of inflation persistence. Using the CPI and the core PCE deflator of the US, our results show that temporal aggregation from the monthly to the quarterly to the annual frequency induces persistence in the inflation series.
Year of publication: |
2006
|
---|---|
Authors: | Paya, Ivan ; Duarte, A ; Holden, K |
Institutions: | Department of Economics, Management School |
Saved in:
freely available
Saved in favorites
Similar items by person
-
On the relationship between inflation persistence and temporal aggregation
Paya, Ivan, (2006)
-
On the relationship between inflation persistence and temporal aggregation
Paya, Ivan, (2006)
-
On the relationship between inflation persistence and temporal aggregation
Paya, Ivan, (2006)
- More ...