The Changing Dynamics of US Inflation Persistence: a Quantile Regression Approach

The Changing Dynamics of US Inflation Persistence: a Quantile Regression Approach

We examine both the degree and the structural stability of inflation persis- tence at different quantiles of the conditional inflation distribution. Previous research focused exclusively on persistence at the conditional mean of the in- flation rate. Economic theory, however, provides various rea...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:MAGKS - Joint Discussion Paper Series in Economics (Band 06-2012)
Autoren: Tillmann, Peter, Wolters, Maik H.
Format: Arbeit
Sprache:Englisch
Veröffentlicht: Philipps-Universität Marburg 2012
Schlagworte:
inflation persistence
mon- etary policy
Federal Reserve
structural breaks
quantile regressions
Wirtschaft
Economics
Online-Zugang:PDF-Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
MAGKS - Joint Discussion Paper Series in Economics

Ähnliche Einträge