Cultural advice

The Australian National University acknowledges, celebrates and pays our respects to the Ngunnawal and Ngambri people of the Canberra region and to all First Nations Australians on whose traditional lands we meet and work, and whose cultures are among the oldest continuing cultures in human history.

Aboriginal and Torres Strait Islander peoples are advised that ANU Library collections may include images, names, voices, and other representations of deceased persons.

Material in the collection may contain terms, language or views that reflect the period in which the item was created and may be considered inappropriate today.

A New Model of Trend Inflation

Date

Authors

Chan, Chi Chun (Joshua)

Koop, Gary

Potter, Simon

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

Keywords

Keywords: Bayesian; Constrained inflation; Inflation forecasting; Inflation targeting; Nonlinear state space model; Underlying inflation

URI

http://hdl.handle.net/1885/34915

Collections

ANU Research Publications

Source

Journal of Business and Economic Statistics

Type

Journal article

DOI

10.1080/07350015.2012.741549

Restricted until

2037-12-31

Downloads

File

Description

01_Chan_A_New_Model_of_Trend__2013.pdf (682.81 KB)

02_Chan_A_New_Model_of_Trend__2013.pdf (89.02 KB)