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...

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Dettagli Bibliografici
Autore principale: Sekine, Toshitaka
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2001.
Serie:IMF Working Papers; Working Paper ; No. 2001/082
Accesso online:Full text available on IMF

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