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- W2253676064 abstract "This paper investigates inflation risk in China from the perspective of inflation pass-through. It estimates inflation pass-through in China over the recent decade of low inflation using recently developed grid bootstrap median unbiased estimator that provides correct asymptotic coverage. Empirical results show that inflation in China remains highly persistent during the low inflation regime. This finding suggests that low inflation does not imply low inflation pass-through and the management of inflation risk in China remains an important task for policy makers." @default.
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- W2253676064 date "2009-10-01" @default.
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- W2253676064 title "Inflation pass-through and inflation risk" @default.
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