Showing 1 - 10 of 1,881
This paper surveys the recent literature on inflation forecasting and conducts an extensive empirical analysis on … forecasting inflation in Singapore, Japan, South Korea and Hong Kong paying particular attention to whether the inflation …-markup theory can help to forecast inflation. We first review the relative performance of different predictors in forecasting h …
Persistent link: https://www.econbiz.de/10009650016
I present evidence that higher frequency measures of inflation expectations outperform lower frequency measures of … inflation expectations in tests of accuracy, predictive power, and rationality. For decades, the academic literature has focused … on three survey measures of expected inflation: the Livingston Survey, the Survey of Professional Forecasters, and the …
Persistent link: https://www.econbiz.de/10009650037
This paper analyzes the performance of central banks in 27 inflation targeting countries by examining their success in … achieving their explicit inflation targets. For this purpose, we decompose the inflation gap, the difference between actual … inflation and inflation target, into predictable and unpredictable components. We argue that the central banks are successful if …
Persistent link: https://www.econbiz.de/10011113487
inflation forecasts. A fan chart for Maltese HICP inflation projections is built, using the history of forecast errors. …
Persistent link: https://www.econbiz.de/10011111666
banks use forecasting models based on ANN methodology for predicting various macroeconomic indicators, like inflation, GDP … Growth and currency in circulation etc. In this paper, we have attempted to forecast monthly YoY inflation for Pakistan by …
Persistent link: https://www.econbiz.de/10011112612
This paper estimates a medium-term forecasting model for the headline inflation of Costa Rica, utilizing disaggregate … of reduction of inflation and stabilized around the Central Bank's inflation target. The result show that the use of … the inertia and the Second-Round effects present on the inflation. …
Persistent link: https://www.econbiz.de/10011114384
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU increased the amount of received means from structural...
Persistent link: https://www.econbiz.de/10009367975
Potential links between inflation and unemployment in Canada have been examined. No consistent Phillips curve has been … linear links between inflation and unemployment could exist - before 1983 and after 1983. A linear and lagged relationship … between inflation, unemployment and labor force has been obtained for Canada. Similar relationships were reported previously …
Persistent link: https://www.econbiz.de/10005623216
Potential links between inflation, (t), and unemployment, UE(t), in Germany have been examined. There exists a … negative relation between inflation and unemployment with the latter leading the former by one year: UE(t-1) = -1.50(t) + 0 ….116. Effectively, growing unemployment has resulted in decreasing inflation since 1971, i.e. for the period where GDP deflator …
Persistent link: https://www.econbiz.de/10005786895
banks use forecasting models based on ANN methodology for predicting various macroeconomic indicators, like inflation, GDP … Growth and currency in circulation etc. In this paper, we have attempted to forecast monthly YoY inflation for Pakistan by …
Persistent link: https://www.econbiz.de/10005835473