Showing 1 - 10 of 21,887
This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed … from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation … Search Index (GISI) is assessed relative to 37 other indicators of inflation expectations – 36 survey measures and the TIPS …
Persistent link: https://www.econbiz.de/10009647210
This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and … uses empirical analysis to answer two key questions: (i) what are the key drivers of inflation in Vietnam, and what role … does monetary policy play? and (ii) why has inflation in Vietnam been persistently higher than in most other emerging …
Persistent link: https://www.econbiz.de/10010930777
indices. These three indices are the key for the official inflation measurements that are made around the world today. …
Persistent link: https://www.econbiz.de/10010720374
Textbooks of macroeconomics regularly remind their readers that they should not interpret the macroeconomic price variable as some sort of average price. Instead it represents some price index indicating the average of the individual items’ price changes between the period considered and some...
Persistent link: https://www.econbiz.de/10010720382
The inflation rate is normally computed as a weighted average of individual price changes. Alternatively, this rate …
Persistent link: https://www.econbiz.de/10010720390
, because in his view they were inappropriate measures of inflation. Instead, he devised the unit value index, which he regarded …
Persistent link: https://www.econbiz.de/10008765944
on economic indicators. The Two channels which oil price changes directly or indirectly affect inflation as the most … present paper attempts to investigate the nature and causes of oil price pass-through into inflation in the short …/3. The findings showed that the oil price pass-through into inflation in both short-and-long term were Positive and …
Persistent link: https://www.econbiz.de/10010938185
For decades, the academic literature has focused on three survey measures of expected inflation: the Livingston Survey … models of forecasting inflation, the data are low frequency measures which appear anachronistic in the modern era of high … frequency and real-time data. I present a collection of 37 different measures of inflation expectations, including many …
Persistent link: https://www.econbiz.de/10009647457
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 study analyzes core inflation concept for Turkey from the perspective of design and evaluation. To our best … knowledge, this is the first study to evaluate the performance of the core inflation measures for Turkey. We first define and … calculate new core inflation indicators using the disaggregated price data for the time period of January 1994 to June 2007. The …
Persistent link: https://www.econbiz.de/10005504815