کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5087502 1375434 2010 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Empirical modeling of Japan's markup and inflation, 1976-2000
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Empirical modeling of Japan's markup and inflation, 1976-2000
چکیده انگلیسی
This paper aims to pursue an empirical model of Japan's markup and inflation using historical time series data covering the last quarter of the 20th century. A multivariate cointegration analysis of Japan's macroeconomic data indicates the existence of a long-run economic linkage, which is interpreted as an empirical representation of countercyclical markup. A set of variables in the cointegrated system, apart from markup and inflation, are judged to be weakly exogenous for parameters of interest, thereby allowing us to estimate a partial model given these exogenous variables. The model reduction is then conducted so as to achieve a parsimonious representation of countercyclical markup and inflation dynamics over the sample period of interest.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Asian Economics - Volume 21, Issue 6, December 2010, Pages 552-563
نویسندگان
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