Amstad, Marlene; Huan, Ye; Ma, Guonan - Bank for International Settlements (BIS) - 2014
issues and may even exclude important information. This paper develops a new underlying inflation gauge (UIG) for China which … China in modelling inflation. The paper is the first application of this type of dynamic factor model for inflation to any …The headline consumer price inflation (CPI) is often considered too noisy, narrowly defined, and/or slowly available …