A New Model of Trend Inflation
Date
2013
Authors
Chan, Chi Chun (Joshua)
Koop, Gary
Potter, Simon
Journal Title
Journal ISSN
Volume Title
Publisher
American Statistical Association
Abstract
This article introduces a new model of trend inflation. In contrast to many earlier approaches, which allow for trend inflation to evolve according to a random walk, ours is a bounded model which ensures that trend inflation is constrained to lie in an in
Description
Keywords
Keywords: Bayesian; Constrained inflation; Inflation forecasting; Inflation targeting; Nonlinear state space model; Underlying inflation
Citation
Collections
Source
Journal of Business and Economic Statistics
Type
Journal article
Book Title
Entity type
Access Statement
License Rights
Restricted until
2037-12-31