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forecast country inflation. This paper constructs forecasts of common (or 'global') inflation using survey forecasts of country … not at a longer horizon. Global inflation forecasts, and forecast errors, are correlated with survey forecasts and errors … forecasting country inflation than do lags of global inflation. However, for most countries, lagged or forecast global inflation …
Persistent link: https://www.econbiz.de/10012982775
forecast levels. A country's proximity to the US, importance to the firm, and visibility, as well as availability of more … precise information about foreign country exposures, contribute to consensus forecast efficiency. We identify a dimension of … — and show that it contributes to forecast efficiency, accuracy, and informativeness and that it helps the analyst achieve …
Persistent link: https://www.econbiz.de/10011800867
We evaluate the performance of inflation forecasts based on the open-economy Phillips curve by exploiting the spatial pattern of international propagation of inflation. We model these spatial linkages using global inflation and either domestic slack or oil price fluctuations, motivated by a...
Persistent link: https://www.econbiz.de/10013014933
We evaluate the performance of inflation forecasts based on the open-economy Phillips curve by exploiting the spatial pattern of international propagation of inflation. We model these spatial linkages using global inflation and either domestic slack or oil price fluctuations, motivated by a...
Persistent link: https://www.econbiz.de/10012970177
Persistent link: https://www.econbiz.de/10011536042
Persistent link: https://www.econbiz.de/10009582661
statistical learning to large-scale country-level data obtained from the World Development Indicators and Google Earth Engine. The …-a method that departs slightly from current World Bank practice-performs nearly as well as models using statistical learning on …
Persistent link: https://www.econbiz.de/10012817560
statistical learning to large-scale country-level data obtained from the World Development Indicators and Google Earth Engine. The … method that departs slightly from current World Bank practice - performs nearly as well as models using statistical learning …
Persistent link: https://www.econbiz.de/10013255532
Persistent link: https://www.econbiz.de/10012019948
In accordance with the goals of the innovation grant, World Bank staff undertook a study tour to Turkey to observe …
Persistent link: https://www.econbiz.de/10012557435