Showing 1 - 10 of 1,324
; (iv) newer generation Phillips curve models with several timevarying features are a promising avenue for forecasting …
Persistent link: https://www.econbiz.de/10012299084
the beginning of 2018. They also have performed well in forecasting the direction of inflation. In terms of the …
Persistent link: https://www.econbiz.de/10011901421
evidence that the Phillips curves' goodness of fit is rather high. However, forecasting power is comparatively low. -- Phillips … Curve ; Forecasting ; Europe ; RMSE …
Persistent link: https://www.econbiz.de/10009671223
depends strongly on the time period. Global factors provide only limited additional information for forecasting. In addition …
Persistent link: https://www.econbiz.de/10012926349
; (iv) newer generation Phillips curve models with several time-varying features are a promising avenue for forecasting …
Persistent link: https://www.econbiz.de/10012822484
This paper uses a panel VAR (PVAR) approach to estimating, analysing and forecasting price dynamics in four different …
Persistent link: https://www.econbiz.de/10010411883
This paper investigates the trade-off between timeliness and quality in nowcasting practices. This trade-off arises when the frequency of the variable to be nowcast, such as GDP, is quarterly, while that of the underlying panel data is monthly; and the latter contains both survey and...
Persistent link: https://www.econbiz.de/10011846875
stabilize economic growth and in ation expectations through the signaling channel. In doing so, we assess survey …-based expectations data for up to 44 economies from 2002 to 2017 and analyze the impact of the adoption of a negative interest rate … policy on expectations made by professionals based on a difference-in-differences approach. Our main findings are as follows …
Persistent link: https://www.econbiz.de/10012145633
indicators help improve upon the simple Autoregressive (AR) model for forecasting HICP core inflation as well total inflation, if …
Persistent link: https://www.econbiz.de/10013134965
Firmly-anchored inflation expectations are widely viewed as playing a central role in the successful conduct of … monetary policy. This paper presents estimates of trend inflation, based on information contained in survey expectations, the …. In order to assess whether inflation expectations are anchored, uncertainty surrounding future changes in trend inflation …
Persistent link: https://www.econbiz.de/10013118650