Why has U.S. inflation become harder to forecast?

The rate of price inflation in the United States. The trend-cycle model with stochastic volatility explains a variety of recent univariate inflation forecasting difficulties and begins to explain some multivariate inflation forecasting puzzles as well.

Рубрика Финансы, деньги и налоги
Предмет Money, credit and banking
Вид статья
Язык английский
Прислал(а) Stock J.H.
Дата добавления 28.06.2013
Размер файла 262,6 K

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