In this paper, we study the fit and the predictive performance of the Phillips curve for euro area inflation with … regard to different inflation series, time periods and predictor variables, notably different global factors. We compare the … prices, global consumer inflation, global economic slack and foreign demand. We find that traditional global indicators such …

In this paper, we present an updated version of the reference model used at Banque de France to forecast inflation …: MAPI (Model for Analysis and Projection of Inflation). While the conceptual framework of the model remains very close to …

This paper proposes an empirical investigation of the impact of oil price forecast errors on inflation forecast errors … for two different sets of recent forecasts data: the median of SPF inflation forecasts for the U.S. and the Central Bank … inflation forecasts for France. Mainly two salient points emerge from our results. First, there is a significant contribution of …

Recent studies emphasize that survey-based inflation risk measures are informative about future inflation and thus …-frequency financial market data have predictive power for the low-frequency survey-based inflation risk indicators observed at the end of …

The paper develops a model for forecasting inflation in France. As this model has to be integrated in the Eurosystem …

In order to provide short run forecasts of headline and core HICP inflation for France, we assess the forecasting …. Moreover, we show that it is possible to use forecasts on this indicator to project overall inflation …

In order to provide medium run forecasts of headline and core HICP inflation for the euro area, we assess the … indicators help improve upon the simple Autoregressive (AR) model for forecasting HICP core inflation as well total inflation, if … in inflation in a timely manner. But, from that point of view, the construction of a ''synthetic core'' indicator helps …

and its contribution to inflation movements.We model the price series as I(2) components and use polynomial cointegration … inflation through an error-correcting mechanism. Structural and forecasting equations exhibiting good performance are therefore …