Bryan, Michael F.; Cecchetti, Stephen G. - 2001
inflation statistic. In the case of Brazil, we find that asymmetrically trimming 24 percent from the tails of the price … central bank's need to time-series average the monthly inflation estimates which greatly improves the timeliness of the …-change distribution reduces the RMSE of the monthly inflation statistic as a measure of the inflation trend by 23 percent, making it as …
