Ball, Laurence M. (contributor) - 2000 - [Elektronische Ressource]
annual data on the GDP
deflator from 1960-99, the standard deviation of inflation changes
is 1.16 percentage points. If … accomodated
shocks to inflation, leading the shocks to have permanent effects.
For annual data on the GDP deflator, an … as
detrended real GNP (for the early period) or GDP (for the later
period); the trend is measured by the Hodrick …