Pichette, Lise; Robitaille, Marie-Noëlle; Salameh, Mohanad - 2018
We use a new real-time database for Canada to study various output gap measures. This includes recently developed … analyze output gap revisions and assess the usefulness of these gaps in forecasting total CPI inflation and three newly … developed measures of core CPI inflation: CPI-median, CPI-trim and CPI-common. We also study whether labour-input gaps …