DOES LINEARITY IN THE DYNAMICS OF INFLATION GAP AND UNEMPLOYMENT RATE MATTER?

This paper test the null hypothesis of linearity against a specific form of nonlinearity in the Data Generating Process (DGP) of the unemployment rate and the difference between the inflation rate (measured as the twelve months variation of CPI and CPIX1) and the inflation target, using twenty years...

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Bibliographic Details
Main Author: MONTERO,ROQUE
Language:English
Published: ILADES. Universidad Alberto Hurtado. 2012
Subjects:
Online Access:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702012000100001
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