A Trendy Approach to UK Inflation Dynamics

This paper focuses on the time series of UK inflation to isolate a low-frequency and slow-moving component (the trend) from deviations around this trend. This slow-moving trend explains a substantial share of UK inflation dynamics. International prices are significantly correlated with the cyclical...

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Bibliographic Details
Main Authors: Forbes, Kristin, Forbes, Kristin J, Kirkham, Lewis, Theodoridis, Konstantinos
Other Authors: Sloan School of Management
Format: Article
Language:English
Published: Wiley 2021
Online Access:https://hdl.handle.net/1721.1/130489