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. autor: | |
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Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
2000.
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Seria: | IMF Working Papers; Working Paper ;
No. 2000/058 |
Dostęp online: | Full text available on IMF |