This paper constructs a quarterly series of GDP deflator inflation for China from 1979 to 2009 and tests for a … structural break with an unknown change point in the dynamic inflation process. Empirical results suggest a significant … structural change in inflation persistence. Employing a counterfactual simulation method, we show that the structural change is …

relationship, and 2) using inflation as an additional explanatory variable. By implementing a well structured estimation strategy …, we found that after taking the level shift into account, a cointegrating equation, including inflation, exists and is …

due to nominal rigidities, drives the dynamics of inflation relative to expected inflation and lagged inflation. This … paper exploits the empirical success of the New Keynesian Phillips curve in explaining China's inflation dynamics with a new …, based on a multivariate dynamic model featuring distinct interactions among inflation, money, and real output in China. The …

rate movements start to influence the price inflation in China in a significant way. This paper estimates a structural …

The purpose of the paper is to revisit the inflation–output gap relationship using a new approach known as the wavelet … wavelet methodologies for the study of the inflation–output gap nexus in the case of France, we determine that the output gap … is able to predict the inflation dynamics in the short- and medium-runs, and these results have important implications to …

This paper examines the nonlinearity of China's inflation rate and models its nonlinear dynamics using the multiple … autoregressive model can be used to model the nonlinear dynamics of China's inflation rate, and the impulse response analysis shows …

This study analyses Granger-causality between the return series of CPI and PPI (i.e., inflation measured by CPI and PPI … decomposes the time-frequency relationship between CPI- and PPI-based inflation through a continuous wavelet approach. Our …