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...
Gespeichert in:
发表在: | MAGKS - Joint Discussion Paper Series in Economics (Band 12-2010) |
---|---|
主要作者: | |
格式: | Arbeit |
语言: | 英语 |
出版: |
Philipps-Universität Marburg
2010
|
主题: | |
在线阅读: | PDF-Volltext |
标签: |
添加标签
没有标签, 成为第一个标记此记录!
|
No references were found for this record.