Monday, August 22, 2016

A trend towards lower inflation in Australia (IE prediction)

This recent post by John Quiggin reminded me of my prediction of a trend towards undershooting inflation in Australia (here and here). A commenter on this post going by Anti said unique predictions that fit empirical evidence are "the real question"; I'd say this is a unique prediction of the information equilibrium model that fits the empirical evidence:



No comments:

Post a Comment