Preprint

Inflation persistence, structural breaks and omitted variables : a critical view

  • Vaona, Andrea Istituto di ricerche economiche (IRE), Facoltà di scienze economiche, Università della Svizzera italiana, Svizzera
    2008

3 p

English Recent empirical contributions assess time changes in inflation persistence by means of simple autoregressive models. Their reliability is discussed in the light of the econometric literature on model misspecification and it is showed that their results can be misleading due to the omission of relevant variables.
Language
  • English
Classification
Economics
License
License undefined
Identifiers
  • RERO DOC 8670
Persistent URL
https://susi.usi.ch/usi/documents/317982