| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059960 | Economics Letters | 2013 | 4 Pages |
Abstract
Using the same data as Chow and Wang (2010) [Chow, Gregory C., Wang, Peng, 2010. The empirics of inflation in China. Economics Letters 109, 28-30], as well as a smooth transition regression model, this paper reconsiders the empirics of inflation in China. The estimated smooth transition error correction model indicates the significant regime-switching behavior of inflation in China, in contrast to the results derived with Chow and Wang's model of constant parameters.
⺠This paper reconsiders the empirics of inflation in China. ⺠A smooth transition error correction model is specified and estimated. ⺠The estimated model indicates the significant regime-switching behavior of inflation.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Lingxiang Zhang,