Carcano, Nicola (contributor) - 2004 - [Elektronische Ressource]
intertemporal real equilibrium model supporting aversion to leptokurtosis....59
4.3. Extending the model to account for inflation … real economy, and inflation)
e
p,t
Residual from regressing the prediction error for the rate of inflation on the … for the rate of inflation between t
and t+∆t
y
s,t
Zero-mean, unit-variance unexpected change in s between t and t …