Modeling and Forecasting Inflation in Japan /

This paper estimates an inflation function and forecasts one-year ahead inflation for Japan. It finds that (i) markup relationships, excess money and the output gap are particularly relevant long-run determinants for an equilibrium correction model (EqCM) of inflation; (ii) with intercept correction...

Fuld beskrivelse

Bibliografiske detaljer
Hovedforfatter: Sekine, Toshitaka
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2001.
Serier:IMF Working Papers; Working Paper ; No. 2001/082
Online adgang:Full text available on IMF