March 2011 issue contents
Some Methodological Suggestions

by Fumio Hayashi
Graduate School of International Corporate Strategy, Hitotsubashi University


Methodological suggestions are made for two separate issues. First, I show how a consistent estimate of the level of the expected inflation can be gleaned from inflation swap rates. Second, I indicate how the dynamic general equilibrium model in question can be modified to generate the observed persistence in commodity price movements.

JEL Codes: E52, G13, Q43.

Full article (PDF, 7 pages 223 kb)