Showing 1 - 10 of 60
inflation should differ between inflation and deflation episodes, using data for Japan and Hong Kong. We use a random … during both the inflation and deflation periods, and the parameter on the second moment changes sign in the deflation period …
Persistent link: https://www.econbiz.de/10011390613
determined externally. To test this relationship, we study the determination of inflation between 1926 and 2012, a longer sample … of inflation both in the full sample and in the subsamples spanning the periods before and after the Sterling parity link. …
Persistent link: https://www.econbiz.de/10011336498
inflation should differ between inflation and deflation episodes, using data for Japan and Hong Kong. We use a random cross … both the inflation and deflation periods, and the parameter on the second moment changes sign in the deflation period, as … the theory predicts. Keywords: inflation, deflation, menu costs, Hong Kong, Japan. …
Persistent link: https://www.econbiz.de/10010380227
inflation should differ between inflation and deflation episodes, using data for Japan and Hong Kong. We use a random … during both the inflation and deflation periods, and the parameter on the second moment changes sign in the deflation period …
Persistent link: https://www.econbiz.de/10003664861
Persistent link: https://www.econbiz.de/10001090833
inflation should differ between inflation anddeflation episodes, using data for Japan and Hong Kong. We use a random … both the inflation and deflation periods, and the parameteron the second moment changes sign in the deflation period, as …
Persistent link: https://www.econbiz.de/10009025007
We study the determination of Irish inflation between 1935 and 2012 using a Phillips curve approach. We find that a … of diagnostic tests. We also consider the importance of UK and euro area inflation for Irish inflation. While UK … inflation is significant in the period 1935 – 1979, and euro area inflation is significant in the period 1980 – 2012, we present …
Persistent link: https://www.econbiz.de/10011083710
inflation should differ between inflation and deflation episodes, using data for Japan and Hong Kong. We use a random cross … both the inflation and deflation periods, and the parameter on the second moment changes sign in the deflation period, as … the theory predicts. Keywords: inflation, deflation, menu costs, Hong Kong, Japan. …
Persistent link: https://www.econbiz.de/10010955290
We test the menu cost model of Ball and Mankiw (1994, 1995) on data from the inflation and deflation periods in Japan … during both inflation and deflation, is strongly supported. The data are less clear on, but does not reject, the hypothesis … that the parameter on the standard deviation changes sign between inflation and deflation periods. …
Persistent link: https://www.econbiz.de/10010957306
determined externally. To test this relationship, we study the determination of inflation between 1926 and 2012, a longer sample … of inflation both in the full sample and in the subsamples spanning the periods before and after the Sterling parity link. …
Persistent link: https://www.econbiz.de/10011335445