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. Two periods are distinguished: the period of inflation rise from 1970 to 1981, which coincides with an important squeeze …
Persistent link: https://www.econbiz.de/10010261586
The persistence property of inflation is an important issue for not only economists, but, especially for central banks …, given that the degree of inflation persistence determines the extent to which central banks can control inflation. Further …, not only is the level of inflation persistence that is important in economic analyses, but also the question of whether …
Persistent link: https://www.econbiz.de/10013045937
). The empirical results show the relevance of the modeling approach and provide evidence of regime change in inflation …
Persistent link: https://www.econbiz.de/10012968414
We provide new evidence on the relationship between inflation and its uncertainty in the U.S. on an historical basis …, covering the period 1775-2014. First, we use a bounded approach for measuring inflation uncertainty, as proposed by Chan et al … inflation and its uncertainty that varies across time and frequency. First, we show that in the medium- and long-runs, the …
Persistent link: https://www.econbiz.de/10012986078
. Two periods are distinguished: the period of inflation rise from 1970 to 1981, which coincides with an important squeeze …
Persistent link: https://www.econbiz.de/10013319774
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and external imbalances and inflation as relevant determinants of sovereign yields. …
Persistent link: https://www.econbiz.de/10010270876