The relationship between monetary growth and inflation: an application of the infinite hidden Markov model to the United Kingdom
(2018)
Thesis
Yu, Z. The relationship between monetary growth and inflation: an application of the infinite hidden Markov model to the United Kingdom. (Thesis). Keele University. https://keele-repository.worktribe.com/output/410394
The analysis is undertaken through exploration of a reduced form relationship. Two questions are central to the study. The first involves the role of structural breaks in the relationship between inflation and monetary growth. We explore this through... Read More about The relationship between monetary growth and inflation: an application of the infinite hidden Markov model to the United Kingdom.