Alonso, Julio César; Rivera, Andrés Felipe - In: Revista de Métodos Cuantitativos para la Economía y … 23 (2017), pp. 98-118
The hierarchical structure of the Colombian Consumer Price Index (CPI) makes possible to calculate inflation as a linear combination of its subcomponents. We use SARIMA models to forecast each component of CPI and construct an forecast of inflation using a lineal combination of the forecasts of...
