How Rational are the Expected Inflation Rate in Australia?

This paper uses the methodology of Pearce (1979) and Bhagestani and Noori (2008) to show that the expected rate of inflation by the market participants in Australia is more rational than the household survey forecasts by the Melbourne Institute.

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Year of publication:	2011-02-08
Authors:	Paradiso, Antonio ; Rao, B. Bhaskara

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Paradiso, Antonio and Rao, B. Bhaskara (2011): How Rational are the Expected Inflation Rate in Australia?
Classification:	C12 - Hypothesis Testing ; C2 - Econometric Methods: Single Equation Models ; E3 - Prices, Business Fluctuations, and Cycles
Source:	BASE

Persistent link: https://www.econbiz.de/10015225538