Thursday, July 30, 2015

Model prediction holding up for Japan as well

Noah Smith re-tweeted a tweet about Japan's price level, but in updating the results from here I still say it's the Keynesian component (not the monetary component):




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3 comments:

  1. Tom BrownJuly 31, 2015 at 1:16 AM

    I let Vincent Cate know. You two still have a bet going, right?

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    Replies
    1. Vincent CateJuly 31, 2015 at 9:26 AM

      Yes. However, it is a 10 year bet started in March of this year, so a little early to say who will win. I still think I am right. :-)

      http://informationtransfereconomics.blogspot.com/2015/03/japan-inflation-update.html

      Delete
    2. Vincent CateJuly 31, 2015 at 9:34 AM

      If Jason's theory is ever contradicted by Japan's measured inflation rate, I might want to up my bet on the Yen going down, so please let me know right away!

      Delete

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