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The indicator P-star: just what does it indicate?

Author

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  • John B. Carlson

Abstract

An explanation of P-Star, evaluating its usefulness both as an indicator of potential inflation and as a method of assessing the Federal Reserve's long-term goal of price stability.

Suggested Citation

  • John B. Carlson, 1989. "The indicator P-star: just what does it indicate?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Sep.
    • Handle: RePEc:fip:fedcec:y:1989:i:sep15
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    Cited by:

    1. Pecchenino, R. A. & Rasche, Robert H., 1990. "P* type models: Evaluation and forecasts," International Journal of Forecasting, Elsevier, vol. 6(3), pages 421-440, October.
    2. John A. Tatom, 1990. "The P-star approach to the link between money and prices," Working Papers 1990-008, Federal Reserve Bank of St. Louis.

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