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Local Inflation Reconsidering the International Comovement of Inflation
In this paper we reconsider the degree of international comovement of inflation rates. We use a dynamic hierarchical factor model that is able to decompose Consumer Price Index (CPI) inflation in a panel of countries into (i) a factor common to all inflation series and all countries, (ii) a fact...
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| Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 03-2013) |
|---|---|
| Autoren: | , |
| Format: | Artikel |
| Sprache: | Englisch |
| Veröffentlicht: |
Philipps-Universität Marburg
2013
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| Schlagworte: | |
| Online-Zugang: | PDF-Volltext |
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