Can I read US Inflation Dynamics and VAR Analysis on EtoBox?

US Inflation Dynamics and VAR Analysis by Elona Kondakciu is a document available to read on EtoBox.

What is US Inflation Dynamics and VAR Analysis about?

The document summarizes findings from evaluating empirical models of inflation dynamics in US data. It finds that unlike in Europe, US inflation and real marginal costs do not trend over time but rather move around their means with no trend, allowing the relationship to be modeled with a stationary VAR model. While the Johansen rank test rejects the hypothesis of no cointegration at the 5% level, it also rejects the hypothesis of at most one cointegrating relationship at the 6% level. Therefore, the station

Author

Elona Kondakciu

Language

EN