Identifying Domestic and Imported Core Inflation

Identifying Domestic and Imported Core Inflation
This paper estimates core inflation in Norway, identified as that component of inflation that has no long-run effect on GDP. The model distinguishes explicitly between domestic and imported core inflation. The results show that (domestic) core inflation is the main component of CPI inflation. CPI inflation, however, misrepresents core inflation... READ MORE...

Publication date: January 2000
ISBN 9781451842036
$15.00

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