Monetary policy in a Markov-switching vector error-correction model : implications for the cost of disinflation and the price puzzle
Year of publication: |
2005
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Authors: | Francis, Neville ; Owyang, Michael T. |
Published in: |
Journal of business & economic statistics : JBES ; a publication of the American Statistical Association. - Alexandria, Va. : American Statistical Association, ISSN 0735-0015, ZDB-ID 876122-X. - Vol. 23.2005, 3, p. 305-313
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Subject: | Geldpolitik | Monetary policy | Markov-Kette | Markov chain | Inflationsbekämpfung | Anti-inflation policy | Schätzung | Estimation | USA | United States | Kointegration | Cointegration |
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