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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Detalles Bibliográficos
Autor Principal: Sekine, Toshitaka
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/082
Acceso en liña:Full text available on IMF