Reconsidering the welfare cost of inflation in the US : a nonparametric estimation of the nonlinear long-run money-demand equation using projection pursuit regressions
Year of publication: |
2014
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Authors: | Gupta, Rangan ; Majumdar, Anandamayee |
Published in: |
Empirical economics : a journal of the Institute for Advanced Studies, Vienna, Austria. - Berlin : Springer, ISSN 0377-7332, ZDB-ID 519394-1. - Vol. 46.2014, 4, p. 1221-1240
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Subject: | Cointegration | Money demand | Projection pursuit regression | Welfare cost of inflation | Inflation | Geldnachfrage | Schätztheorie | Estimation theory | Regressionsanalyse | Regression analysis | USA | United States | Soziale Kosten | Social costs | Schätzung | Estimation | Kointegration | Nichtparametrisches Verfahren | Nonparametric statistics |
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