{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2023,10,24]],"date-time":"2023-10-24T07:13:18Z","timestamp":1698131598046},"reference-count":12,"publisher":"Wiley","issue":"3","license":[{"start":{"date-parts":[[2006,11,7]],"date-time":"2006-11-07T00:00:00Z","timestamp":1162857600000},"content-version":"vor","delay-in-days":5608,"URL":"http:\/\/onlinelibrary.wiley.com\/termsAndConditions#vor"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["J of Applied Econometrics"],"published-print":{"date-parts":[[1991,7]]},"abstract":"<jats:title>Abstract<\/jats:title><jats:p>Any pension protection formula that falls short of complete compensation for inflation has associated with it a time\u2010series of probability distributions of future purchasing power losses. A method of estimating those distributions is proposed and applied. The method is based on the idea of representing inflation as a multivariate time\u2010series process and using a model fitted to historical data to generate a large artificial sample of \u2018realized\u2019 inflation sequences by means of a bootstrapping procedure. The purchasing power losses under a given protection plan can then be simulated for each inflation sequence and the sample distributions calculated.<\/jats:p>","DOI":"10.1002\/jae.3950060307","type":"journal-article","created":{"date-parts":[[2007,7,12]],"date-time":"2007-07-12T15:21:20Z","timestamp":1184253680000},"page":"303-314","source":"Crossref","is-referenced-by-count":0,"title":["Resampling a time\u2010series process: A method of estimating the probabilities associated with alternative plans for protecting pensions against inflation"],"prefix":"10.1002","volume":"6","author":[{"given":"F. T.","family":"Denton","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"B. G.","family":"Spencer","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"311","published-online":{"date-parts":[[2006,11,7]]},"reference":[{"key":"e_1_2_1_2_1","doi-asserted-by":"publisher","DOI":"10.2307\/1391617"},{"key":"e_1_2_1_3_1","volume-title":"Lectures on Macroeconomics","author":"Blanchard O. J.","year":"1989"},{"key":"e_1_2_1_4_1","first-page":"111","article-title":"Permanent and transitory components in macroeconomic fluctuations","volume":"77","author":"Campbell J. Y.","year":"1987","journal-title":"American Economic Review"},{"key":"e_1_2_1_5_1","volume-title":"Task Force on Inflation Protection for Employment Pensions Plans: Research Studies","author":"Denton F. T.","year":"1988"},{"key":"e_1_2_1_6_1","unstructured":"Denton F. T. andB. G.Spencer(1989) \u2018Inflation protection and the future real value of a pension: estimating the probabilities by resampling a time series process\u2019 McMaster University Program for Quantitative Studies in Economics and Population Research Report No. 256."},{"key":"e_1_2_1_7_1","doi-asserted-by":"publisher","DOI":"10.1214\/aos\/1176344552"},{"key":"e_1_2_1_8_1","doi-asserted-by":"crossref","unstructured":"Efron B.(1982) The Jackknife the Bootstrap and Other Resampling Plans Society for Industrial and Applied Mathematics Philadelphia PA.","DOI":"10.1137\/1.9781611970319"},{"key":"e_1_2_1_9_1","doi-asserted-by":"publisher","DOI":"10.2307\/1912773"},{"key":"e_1_2_1_10_1","doi-asserted-by":"publisher","DOI":"10.1214\/aos\/1176350933"},{"key":"e_1_2_1_11_1","doi-asserted-by":"publisher","DOI":"10.1080\/01621459.1980.10477520"},{"key":"e_1_2_1_12_1","doi-asserted-by":"publisher","DOI":"10.1093\/biomet\/65.2.297"},{"key":"e_1_2_1_13_1","doi-asserted-by":"publisher","DOI":"10.2307\/1913712"}],"container-title":["Journal of Applied Econometrics"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/api.wiley.com\/onlinelibrary\/tdm\/v1\/articles\/10.1002%2Fjae.3950060307","content-type":"unspecified","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/onlinelibrary.wiley.com\/doi\/pdf\/10.1002\/jae.3950060307","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2023,10,23]],"date-time":"2023-10-23T15:53:19Z","timestamp":1698076399000},"score":1,"resource":{"primary":{"URL":"https:\/\/onlinelibrary.wiley.com\/doi\/10.1002\/jae.3950060307"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[1991,7]]},"references-count":12,"journal-issue":{"issue":"3","published-print":{"date-parts":[[1991,7]]}},"alternative-id":["10.1002\/jae.3950060307"],"URL":"https:\/\/doi.org\/10.1002\/jae.3950060307","archive":["Portico"],"relation":{},"ISSN":["0883-7252","1099-1255"],"issn-type":[{"value":"0883-7252","type":"print"},{"value":"1099-1255","type":"electronic"}],"subject":[],"published":{"date-parts":[[1991,7]]}}}