Abstract
The purpose of this study is to estimate two different inflation models which can be chosen for inflation targeting process: constant coefficient model and time-varying Markov switching variance model. Our results show that time-varying Markov switching variance model performs better than constant coefficient model according to the calculated Theil Inequality Coefficient.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
