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Some UK evidence on the Forward Looking IS Equation:
Turner, Paul - School of Business and Economics, Loughborough University - 2007
inflation rate enter the IS curve with coefficients of equal magnitude but opposite sign, we obtain IS curve estimates which are …
Persistent link: https://www.econbiz.de/10005422987
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The cyclical behaviour of prices in the U.K.: Some structural time series evidence
Moosa, Imad A. - In: Empirical Economics 25 (2000) 2, pp. 261-278
The cyclical behaviour of prices in the U.K. is investigated using a sample of annual observations covering the period 1886-1993. A structural time series model relating consumer prices to output is estimated over four sub-periods. The results indicate that prices were procyclical in the...
Persistent link: https://www.econbiz.de/10005382219