Trend Inflation in Advanced Economies / Najlacnejšie knihy
Trend Inflation in Advanced Economies

Code: 17364300

Trend Inflation in Advanced Economies

by Federal Reserve Board

We derive estimates of trend inflation for fourteen advanced economies from a framework in which trend shocks exhibit stochastic volatility. The estimated specification allows for timevariation in the degree to which longer-term i ... more

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Book synopsis

We derive estimates of trend inflation for fourteen advanced economies from a framework in which trend shocks exhibit stochastic volatility. The estimated specification allows for timevariation in the degree to which longer-term inflation expectations are

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13.94 €

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