Modelling UK Inflation over the Long Run.

UK inflation varied greatly over 1865-1990, in response to many policy and exchange-rate regimes, two world wars and oil crises, and major legislative, and technological changes. It is modelled as responding to excess demands from all sectors of the economy: goods and services, factors of production...

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Bibliographic Details
Main Author: Hendry, D
Format: Working paper
Language:English
Published: Department of Economics (University of Oxford) 2000

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