The lag relationship between producer and consumer prices. An unobservable variable approach

Keshab Shrestha

Research output: Contribution to journalArticleResearchpeer-review

1 Citation (Scopus)

Abstract

Here a maximum likelihood estimation technique is derived for a linear regression model with geometrically distributed lag in an unobservable variable. Then the model and the estimation technique are applied in estimating the empirical lag relationship between inflation in consumer price index and inflation in producer price index.

Original languageEnglish
Pages (from-to)175-179
Number of pages5
JournalEconomics Letters
Volume22
Issue number2-3
DOIs
Publication statusPublished - 1986
Externally publishedYes

Cite this