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lema lema
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11 years ago
I am trying to calculate the Taylor rule but the measure of inflation that is uses is the calculated by the GDP deflator. What is this and where do I get the statistics.
Thanks,
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#1
11 years ago
Basically it measures the rate of inflation from the GDP values form two different years.   One GDP would have to be REAL the other one would have to be the NOMINAL. So if you have information on GDP from two years you can calculate this.
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iki08iki08
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#2
11 years ago
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