Macroeconomic dynamics and inflation regimes in the U.S. Results from threshold vector autoregressions
This paper studies regime dependence in macroeconomic dynamics in the U.S. using a threshold vector autoregressive model in which endogenous regime switches are triggered by the inflation rate. The model separates a high from a low inflation regime with both regimes being strongly persistent. Genera...
Gardado en:
Publicado en: | MAGKS - Joint Discussion Paper Series in Economics (Band 12-2010) |
---|---|
Autor Principal: | |
Formato: | Arbeit |
Idioma: | inglés |
Publicado: |
Philipps-Universität Marburg
2010
|
Schlagworte: | |
Acceso en liña: | Texto completo PDF |
Tags: |
Engadir etiqueta
Sen Etiquetas, Sexa o primeiro en etiquetar este rexistro!
|
No references were found for this record.