GRID BOOTSTRAP PROCEDURE
Posted: Tue Sep 01, 2015 10:24 am
Hi Tom
i am trying to find measures of inflation persistence by using Hansen(1999) grid bootstrap method to estimate confidence intervals for persistence. Now i have referred to Clark (2006) 'DISAGGREGATE EVIDENCE ON THE PERSISTENCE OF CONSUMER PRICE INFLATION', and i have read the program file pers.prg in clark.zip (http://qed.econ.queensu.ca/jae/2006-v21.5/clark/). however i am not using the aggregate and disaggregate inflation which he has used. i am just trying to find persistence for one inflation measure in my data set at a time. Therefore i am finding problems in defining the program according to my use. Kindly help me.
Regards
Deepika
i am trying to find measures of inflation persistence by using Hansen(1999) grid bootstrap method to estimate confidence intervals for persistence. Now i have referred to Clark (2006) 'DISAGGREGATE EVIDENCE ON THE PERSISTENCE OF CONSUMER PRICE INFLATION', and i have read the program file pers.prg in clark.zip (http://qed.econ.queensu.ca/jae/2006-v21.5/clark/). however i am not using the aggregate and disaggregate inflation which he has used. i am just trying to find persistence for one inflation measure in my data set at a time. Therefore i am finding problems in defining the program according to my use. Kindly help me.
Regards
Deepika