Relative Prices, Inflation and Core Inflation /
Empirical evidence on the distribution of relative price changes almost invariably reveals high kurtosis and a tendency toward right-skewness. Simple mixed distribution models including volatile and infrequently adjusted prices can account for these and other common features, such as correlation bet...
| 1. Verfasser: | |
|---|---|
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2000.
|
| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2000/058 |
| Online Zugang: | Full text available on IMF |