. Specifically, we estimate a series of simple models to measure the impact of inflation targeting on the dispersion of private … sector forecasts of inflation. Using a panel data set that includes 15 countries over 20 years we find no convincing evidence … that adopting an inflation targeting regime leads to a reduction in the dispersion of private sector forecasts of inflation …

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