Showing 1 - 9 of 9
inflation at different time horizons or frequency bands. The ECB has publicly supported this understanding of the framework …. This paper presents further evidence on the behaviour of euro area inflation using band spectrum regressions, which allow … frequency domain. The main finding is that variations in inflation are well explained by low-frequency movements of money and …
Persistent link: https://www.econbiz.de/10005063342
inflation at different time horizons or frequency bands. The ECB has publicly supported this understanding of the framework …. This paper presents further evidence on the behaviour of euro area inflation using band spectrum regressions, which allow … frequency domain. The main finding is that variations in inflation are well explained by low-frequency movements of money and …
Persistent link: https://www.econbiz.de/10005661493
analysing inflation. The Swiss National Bank emphasises that the indicators it uses to do so vary across forecasting horizons … spectral regressions and causality tests in the frequency domain, we show that this interpretation of the inflation process …
Persistent link: https://www.econbiz.de/10008925001
band spectrum regression to study the determination of inflation in Japan. We find that inflation is related to money … reflects Granger causality from money growth and the output gap to inflation in the relevant frequency bands. …
Persistent link: https://www.econbiz.de/10008925040
analysing inflation. The Swiss National Bank emphasises that the indicators it uses to do so vary across forecasting horizons … spectral regressions and causality tests in the frequency domain, we show that this interpretation of the inflation process …
Persistent link: https://www.econbiz.de/10005792027
band spectrum regression to study the determination of inflation in Japan. We find that inflation is related to money … reflects Granger causality from money growth and the output gap to inflation in the relevant frequency bands. …
Persistent link: https://www.econbiz.de/10005124362
band spectrum regression to study the determination of inflation in Japan. We find that inflation is related to money … reflects Granger causality from money growth and the output gap to inflation in the relevant frequency bands. …
Persistent link: https://www.econbiz.de/10005086152
analysing inflation. The Swiss National Bank emphasises that the indicators it uses to do so vary across forecasting horizons … spectral regressions and causality tests in the frequency domain, we show that this interpretation of the inflation process …
Persistent link: https://www.econbiz.de/10005091276
controversial, arguably because the ECB provided neither an explicit representation of the inflation process nor an explanation for … subsequently been presented in the literature. The hallmark of these models is the hypothesis that inflation can be decomposed into … mechanism and extend the inflation equations by introducing cost-push shocks. We find that changes in import prices, oil prices …
Persistent link: https://www.econbiz.de/10005666593