How Rational are the Expected Inflation Rate in Australia?

Antonio Paradiso and B. Rao

MPRA Paper from University Library of Munich, Germany

Abstract: This paper uses the methodology of Pearce (1979) and Bhagestani and Noori (2008) to show that the expected rate of inflation by the market participants in Australia is more rational than the household survey forecasts by the Melbourne Institute.

Keywords: ARIMA Forecasts; Expected Inflation Rate; Survey data; Australia. (search for similar items in EconPapers)
JEL-codes: C12 C2 E3 (search for similar items in EconPapers)
Date: 2011-02-08
New Economics Papers: this item is included in nep-cba, nep-cis, nep-for and nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/28696/1/MPRA_paper_28696.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:28696

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter (winter@lmu.de).