Produktinformation
The role of expectations in the inflation process has been hotly debated over the years. Although economists agree that inflation expectations matter, there is not yet consensus about which inflation expectations matter. This book presents inflation expectations from an econometric point of view and examines how market participants form their inflation expectations in the Iranian economy. Different approaches to modeling inflation expectations will be compared: simple forecast and a multi-equation model. In the first case, autoregressive moving average models, state-space model, the Kalman filter, the additive model, multiple adaptive regression splines, projection-pursuit regression and neural network model are applied. In the case of a multi-equation model, this study will focus on the structural model of Phillips curve. The expected inflation generated by the rational, near rational and learning schemes will be examined in the augmented Philips curve equation. The analysis should be useful to central bankers and policymakers, or anyone else who may be interested in macroeconomic issues in developing countries.Produktkennzeichnungen
EAN9783659243752
ISBN3659243752, 9783659243752
ISBN-103659243752
ISBN-139783659243752
eBay Product ID (ePID)165117648
Produkt Hauptmerkmale
VerlagLap Lambert Academic Publishing
Erscheinungsjahr2012
Anzahl der Seiten152 Seiten
SpracheEnglisch
PublikationsnameEconometric Analysis of Inflation Expectations
ProduktartLehrbuch
AutorShahram Fattahi
FormatTaschenbuch
Zusätzliche Produkteigenschaften
HörbuchNo
InhaltsbeschreibungPaperback
SprachausgabeEnglisch
Seiten152 Seiten
Item Height9mm
Item Length22cm
Item Width15cm
Item Weight244g