their forecasting properties for the policy rates of the European Central Bank. In this respect the basic rules, results …

their forecasting properties for the policy rates of the European Central Bank. In this respect the basic rules, results …

, when monetary and credit aggregates are loaded directly in the forecasting equation, the additional gains over the … and credit variables in forecasting inflation, even if their information content is diluted in a much broader pool of … monetary and credit aggregates are very often selected among the top predictors of inflation, with their predictive power …

the beginning of 2018. They also have performed well in forecasting the direction of inflation. In terms of the …This paper develops Area-wide Leading Inflation CyclE (ALICE) indicators for euro area headline and core inflation with … an aim to provide early signals about turning points in the respective inflation cycle. The series included in the two …