Indian food and fuel inflation has remained high for several years, and second-round effects on core inflation are … model of the Indian economy, which incorporates pass-through from headline inflation to core inflation. The results indicate … that India's inflation is highly inertial and persistent. Due to second-round effects, the gap between headline inflation …

This Selected Issues Paper on Iran reviews that monetary factors are the main determinants of inflation in the country … growing discontent with inflation, however, has compelled policymakers to focus on this issue, bringing it to the forefront of …

The report gives details of the economic analysis for the implementation of Chile's inflation targeting framework. It …

sensible forecasting properties. After developing a benchmark model without financial-real linkages, we introduce such linkages …

analyses of the relationship between projections and outcomes for growth, inflation, and three balance of payments concepts …. Statistical bias is found only for projections of inflation and official reserves. Statistical efficiency can be rejected for all …

issues in forecasting and structural analysis. An application to the estimation of a system of time-varying reaction …

central banking in the past. In large part, this heterogeneity can be traced to differences in forecasting models. While some …