The aim of this paper is to assess inflation forecasting acurracy over the short-term horizon using Consumer Price …

This paper addresses some issues concerning the definition and measurement of inflation persistence in the context of … assumption for the long run level of inflation and that such long run level should be allowed to vary through time. Second, a non …-parametric measure of persistence is suggested which explores the relation between persistence and mean reversion. Third, inflation …

We show how monetary aggregates can be usefully incorporated in forecasts of inflation. This requires fully … disregarding the high-frequency fluctuations blurring the money/inflation relation, i.e., the projection of inflation onto monetary …

price setting patterns at the consumer level seem to depend on the level of inflation as well as on the type of outlet. …

This paper proposes testable conditions that core inflation measures should satisfy. Trend inflation indicators … inflation”, the “10% trimmed mean”, and the “25% trimmed mean” do not meet the proposed conditions. However, they are satisfied …” indicators. Yet, only the last two indicators can be used as useful core inflation measures, as the first one is not computable …