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Non-linear Dynamics of the NKPC and Inflation Misalignment
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Non-linear Dynamics of the NKPC and Inflation M... 6209527477 Book Cover

Non-linear Dynamics of the NKPC and Inflation M...

Edition Description

This paper examines the nonlinear dynamics of inflation within the hybrid NKPC framework and inflation misalignment for five inflation-targeting countries using quarterly data from 1960 to 2012. We first test the validity of a linear NKPC and find strong evidence rejecting linearity,...

Edition Details
Format:Paperback
Language:English
ISBN:6209527477
Format: Paperback
Condition:
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