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An alternative measure of core inflation

Economics Letters, 2002
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Maria Arrazola, José de Hevia
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Inflation and measures of the markup [PDF]

open access: possibleJournal of Macroeconomics, 2005
Abstract Theoretical models of the relationship between inflation and markup focus on the markup of price on marginal costs in contrast with empirical models that typically concentrate on the markup on unit costs. Using nearly 50 years of quarterly United States data we identify a strong negative long-run relationship between inflation and both ...
Banerjee, Anindya, Russell, Bill
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Measuring Core Inflation [PDF]

open access: possibleThe Economic Journal, 1995
Many alternative measures of core, or underlying, inflation have been proposed that are based on stripping out some unwanted or excessively volatile elements from the headline rate. A potential drawback of such measures is that they are necessarily atheoretic - based largely on purely statistical procedures. This paper proposes an alternative method of
Danny Quah, Shaun Vahey
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On a Correct Measure of Inflation

Journal of Money, Credit and Banking, 1973
Two commonly cited and newsworthy price indices are the Bureau of Labor Statistic's Consumer Price Index and the Commerce Department's GNP deflator. These indices have become an important part of our economic intelligence and are frequently considered to be the operational counterparts of what economists call "the price level." They, therefore, often ...
Alchian, Armen A, Klein, Benjamin
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