Title:The dynamics of US inflation : can monetary policy explain the changes? Author(s):CANOVA, Fabio; FERRONI, FilippoDate:2012Citation:
- Journal of Econometrics, 2012, Vol. 167, No. 1, pp. 47-6
Type:ArticleAbstract:We investigate the relationship between monetary policy and inflation dynamics in the US using a medium scale structural model. The specification is estimated with Bayesian techniques and fits the data reasonably well. ...