Browne, Frank (contributor); Cronin, David (contributor) - 2006
up getting less than they need to attain the desired
consumption bundle. The implication is that for both types of … of
inflation, π, with both ADF statistics indicating a unit root process, while the PP
statistic points to a stationary … first is that inflation is the outcome of monetary policy
actions, while the second is that inflation is transmitted to the …