Fischer, Justina A. V. (contributor); … - 2008
inflation rates. In September 2007,
for example, the 12-month average inflation rate amounted to 1.4% in Finland and France and ….
6
employ the national inflation rate (measured by the CPI and the HCPI), the unemployment
rate, and government … rate, but also its squared term. In the first model we add the current
inflation rate, while in model 2 the lagged …