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...
Main Authors: | , , , |
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Other Authors: | |
Format: | Article |
Language: | English |
Published: |
Wiley
2021
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Online Access: | https://hdl.handle.net/1721.1/130489 |