Alonso, Julio César; Rivera, Andrés Felipe - In: Revista de métodos cuantitativos para la economía y … 23 (2017), pp. 98-118
The hierarchical structure of the Colombian Consumer Price Index (CPI) makes possible to calculate inflation as a … inflation using a lineal combination of the forecasts of these components, i.e. a "bottom to top" approach. In this paper, we … compared with an aggregate forecast using a SARIMA model. Our results show that a "bottom to top" method to forecast inflation …