A New Model of Trend Inflation
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
|Collections||ANU Research Publications|
|Source:||Journal of Business and Economic Statistics|
|01_Chan_A_New_Model_of_Trend__2013.pdf||682.81 kB||Adobe PDF||Request a copy|
|02_Chan_A_New_Model_of_Trend__2013.pdf||89.02 kB||Adobe PDF||Request a copy|
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