Global liquidity, money growth and UK inflation
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DOI: 10.1016/j.jfs.2019.05.012
Abstract: This paper uses tools from the classical theory of inflation for UK Consumer Price Inflation from 1970Q1 to 2017Q4. In particular, we adopt augmented Phillips curve type equations within a linear and regime-switching framework where… read more here.
Keywords: money growth; growth inflation; inflation; liquidity money ... See more keywords