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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Sekine, Toshitaka
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2001.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2001/082
Online Zugang:Full text available on IMF