Daunfeldt, Sven-Olov; Luna, Xavier De - In: Applied Economics 33 (2001) 2, pp. 217-224
In this paper a comparative study of the regime shift in inflation policies in New Zealand and Sweden is performed. A nonparametric regression method is used to decompose the inflation time series into three components of variation: a long-term trend, a medium-term (cyclical and transient...