Results 11 to 20 of about 2,765,812 (302)
Constructing U.K. Core Inflation [PDF]
Econometrics, 2013 The recent volatile behaviour of U.K. inflation has been officially attributed to a sequence of “unusual” price changes, prompting renewed interest in the construction of measures of “core inflation”, from which such unusual price changes may be down ...
Terence C. Mills
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Inflation and Inflation Differentials in Core Eurozone Countries
Economic Themes, 2022 Abstract The paper analyzes the convergence of inflation rates in the group of more developed members of the Eurozone (core countries). What are the characteristics and is the inflation process in these countries sufficiently homogeneous?
Popović, Svetlana +2 more
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Core Inflation and Trend Inflation [PDF]
Review of Economics and Statistics, 2016 Abstract This paper examines empirically whether the measurement of trend inflation can be improved by using disaggregated data on sectoral inflation to construct indexes akin to core inflation but with a time-varying distributed lags of weights, where the sectoral weight depends on the timevarying volatility and persistence of the sectoral inflation ...
James H. Stock, Mark W. Watson
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U.S. Core Inflation: A Wavelet Analysis [PDF]
, 2006 This paper proposes the use of wavelet methods to estimate U.S. core inflation. It explains wavelet methods and suggests they are ideally suited to this task.
Cotter, John +3 more
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Core Measures of Inflation as Predictors of Total Inflation [PDF]
SSRN Electronic Journal, 2008 Policymakers tend to focus on core inflation measures because they are thought to be better predictors of total inflation over time horizons of import to policymakers. We find little support for this assumption. While some measures of core inflation are less volatile than total inflation, core inflation is not necessarily the best predictor of total ...
Theodore M. Crone +3 more
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Denoised Inflation: A New Measure of Core Inflation
Journal of Central Banking Theory and Practice, 2020 Abstract Existing measures of core inflation ignore a part of ‘should be’ the core inflation. Exclusion based measures ‘exclude’ a part of persistent inflation inherently existing in the excluded part whereas filter based measures ‘filter-out’ the cyclical part also rather than the irregular component only.
Hanif, Muhammad Nadim +3 more
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PCE Inflation and Core Inflation [PDF]
Federal Reserve Bank of Dallas, Working Papers, 2006 This paper investigates the forecasting accuracy of the trimmed mean inflation rate of the Personal Consumption Expenditure (PCE) deflator. Earlier works have examined the forecasting ability of limited-influence estimators (trimmed means and the weighted median) of the Consumer Price Index but none have compared the weighted median and trimmed mean ...
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A proposal for constructing and evaluating core inflation measures
Latin American Journal of Central Banking, 2023 There is no unifying framework for evaluating core inflation measures, so we propose a methodological framework to close this gap. It allows us to construct, evaluate, and rank core inflation measures by applying it to countries and regions with ...
Guillermo Carlomagno +2 more
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Advances in estimating the Phillips curve
Journal of Applied Economics, 2022 Many studies have documented the missing relationship between PCE inflation and the labor market slack in the last 20 years. This paper first presents evidence of a strong sensitivity of price inflation to labor market tightness once we remove the late ...
Hany Guirguis, Tin Shan (Michael) Suen
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The Difference of the Actual Price Level from the Equilibrium One and its Impact on Inflation [PDF]
Management and Economics Review, 2018 Within the modern monetary policy regimes, the inflationary pressures are, generally, approximated by the excessive demand that generate pressures on the fixed production capacity resulting in a change of prices. This excessive demand is estimated as the
Ion PARTACHI, Vitalie MOTELICA
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