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Chinese Journal of Management Science ›› 2006, Vol. ›› Issue (1): 1-6.

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Tests for the Structural Changes in the Volatilities of Inflation Rates Path of China's Economy

LIU Jin-quan, JIN Chun-yu, ZHENG Ting-guo   

  1. Quantitative Research Center of Economics, Jilin University, Changchun Taxation college, Jili 130021, China
  • Received:2005-05-08 Revised:2005-12-11 Online:2006-02-28 Published:2012-03-07

Abstract: In this paper,we use the parameter stability tests to analyze the dynamic path of inflation rate of China's economy.We find that there is the significant structural breaks in China's inflation rate.By using the least square estimation on structural breaks,we have the point estimator and interval estimator for the autoregression model of inflation rate.Based on the China's economic situations,we established the inflation model by structural model,and described the high inflation periods since 1984.

Key words: inflation rate, structural break, stability tests

CLC Number: