There are many types of econometric models used in predicting the inflation rate, but in this study we used a Bayesian … Prognosis and European Commission. The empirical results for Romanian inflation show the superiority of a fixed effects model …

model, banks and their creditors are assumed to have imperfect information about a newly-created security, and must search … over the portfolios of other investors and intermediaries to infer the security's properties. In the absence of historical … returns data, a large mass of firms holding the new security and not experiencing insolvency provides a positive signal about …

equilibrium exists. We study the response differences in the dynamics of the inflation rate to changes in the mean and variance of … the Great Recession, in which the effects of greater model uncertainty may have played a role in keeping inflation rates …

This study analyzes global inflation synchronization and derives policy implications for the Korean economy. Unlike … previous studies that assume a single global inflation factor, this study investigates if inflation in Korea can be explained … further by other global inflation factors. Our principal component analysis provides three principal components for global …