Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
965790 | Journal of Macroeconomics | 2011 | 13 Pages |
Abstract
⺠The paper applies the regression quantile to examine the behavior of inflation. ⺠Our results suggest that generally, the inflation rates are mean-reverting. ⺠Also, they exhibit asymmetries in their dynamic adjustments. ⺠Policy implications related to the empirical findings are also provided.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Ching-Chuan Tsong, Cheng-Feng Lee,