Pichette, Lise; Robitaille, Marie-Noëlle; Salameh, Mohanad - 2018
analyze output gap revisions and assess the usefulness of these gaps in forecasting total CPI inflation and three newly …, projected output gaps, and simple combinations of output gaps can add useful information for forecasting inflation. We find that …-2009 recession, as they subsequently tended to be revised down. In addition, we find that, when forecasting CPI-common and CPI …