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...

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Hlavní autor: Roger, Scott
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2000.
Edice:IMF Working Papers; Working Paper ; No. 2000/058
On-line přístup:Full text available on IMF