This paper examines the methods used by the Bank of Japan for the estimation of the …

This paper focuses on modelling and forecasting inflation in India using an augmented Phillips curve framework. Both … demand and supply factors are seen as drivers of inflation. Demand conditions are found to have a stronger impact on non …-food manufactured products inflation (NFMP) vis-a-vis headline WPI inflation; moreover, NFMP is found to be more persistent than …

central bank, the Bank of Japan (BOJ), has influenced private sector expectations of inflation, and whether the degree of …-term inflation target to help anchor expectations. This paper aims to document how much the release of the forecasts of one major … influence depends to any degree on the adoption of an inflation target (IT). Consistent with earlier studies, we find the …

is well described by rolling window linear detrending, while Greenbook inflation forecasts can be closely replicated … using Bayesian model averaging over Autoregressive Distributed Lag models in inflation and the GDP growth rate. German and U ….S. Taylor rules are characterized by inflation coefficients increasing with the forecast horizon and a positive output gap …