Results 11 to 20 of about 2,389,441 (303)
U.S. Core Inflation: A Wavelet Analysis [PDF]
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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Denoised Inflation: A New Measure of Core Inflation
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
openaire +2 more sources
Alternative inflation rates [PDF]
Problem and purpose. In 2019, official inflation reached the record low of 3,042 %, which is below the adopted inflation target of 4 %. First of all, this level of inflation plays the role of a politically correct social indicator.
T. I. Gordievich, P. V. Ruzanov
doaj +1 more source
PCE Inflation and Core Inflation [PDF]
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 of
openaire +1 more source
Inflation and policy response: A case study of Indonesia during the Covid-19 pandemic [PDF]
Through the responses and contributions generated during the COVID-19 pandemic from March 2020 to April 2023, this research aims to analyse the monetary determinants of inflation in Indonesia.
Erdyana Eka Briza +1 more
doaj +1 more source
Comparative analysis of the core inflation for Russia
Consumer price index is a measure of inflation and it consists of two parts: persistent component (trend inflation) and short-term shocks. Inflation targeting requires index of core inflation, that independent from shortterm shocks and demonstrates the ...
A. K. Sapova
doaj +1 more source
Advances in estimating the Phillips curve
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
doaj +1 more source
The Difference of the Actual Price Level from the Equilibrium One and its Impact on Inflation [PDF]
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
doaj +1 more source
Is it Time to Reassess the Focal Role of Core PCE Inflation in Assessing the Trend in PCE Inflation?
“Core” PCE inflation—that is, inflation in PCE-ex-food-and-energy—is widely used as an estimate of trend inflation. But it is long overdue for replacement. The original rationale of core inflation was to remove volatile items with transitory shocks. But
Randal Verbrugge
doaj
A Comparison of Measures of Core Inflation [PDF]
The ability of central banks to differentiate between permanent and transitory price movements is critical for the conduct of monetary policy. The importance of gauging the persistence of price changes in a timely manner has led to the development of measures of underlying, or core, inflation that are designed to remove transitory price changes from ...
Robert W. Rich, Charles Steindel
openaire +2 more sources

