On Disinflation since 1982: An Application of Change-Point Tests
研究了核心通胀统计性质的变化,发现通胀率趋势变化不频繁且大多突然,对理解通胀动态和货币政策有参考价值。
An examination of recent changes in the statistical properties of alternative measures of core inflation, identifying statistically significant change points in the fixed mean and finding that for all measures considered, changes in the inflation rate trend have been infrequent and, for the most part, rather abrupt.