Various inflation forecasting models are compared using a simulated out-of-sample forecasting framework. We focus on … the question of whether monetary aggregates are useful for forecasting inflation, but unlike previous work we examine a … are also reported on. The first shows that cointegration vector parameter estimation error is crucial when using VEC …

the naive one by a factor of 2 to 3. The relationships for inflation were successfully tested for cointegration. We have … and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … relationships were estimated eight years ago. The change rate of labour force was used as a driving force of inflation and …

the price mark-up on imported and labor costs and its relation to inflation, using cointegration techniques. It is found …This paper provides evidence on price markup and inflation dynamics in Italy over the period 1970-1998. We investigate … that, despite different policy regimes across decades, the relation between the markup and inflation is remarkably stable …

shocks on inflation in Fiji. How the domestic inflation in a pegged exchange rate system is aligned with international price …. The multivariate cointegration tests are done after the unit root tests, and further, the Vector Error Correction (VEC … also shows that due to the exchange rate depreciation, inflation has increased for many years in Fiji. The policy …

Empirical models of inflation often incorporate equilibrium correction effects based upon levels of prices and input … permanent shifts in the markup factor through estimating an inflation equation that includes a time-varying intercept. The model …

Empirical models of inflation often incorporate equilibrium correction effects based upon levels of prices and input … permanent shifts in the markup factor through estimating an inflation equation that includes a time-varying intercept. The model …

Empirical models of inflation often incorporate equilibrium correction effects based upon levels of prices and input … permanent shifts in the markup factor through estimating an inflation equation that includes a time-varying intercept. The model …

This paper discusses the econometric model of inflation processes in the Republic of Belarus which makes it possible to … econometrics: cointegration analysis and error-correction models. The model has good statistical properties, it demonstrates …