-Wouters model and its forecasts of real GDP growth and inflation are compared with those from two extensions. The first adds … extensions improve the density forecasts of real GDP and inflation and their joint forecasts up to an eight-quarter horizon. We … find that adding financial frictions leads to a deterioration in the forecasts, with the exception of longer-term inflation …

Forecasting inflation is an important and challenging task. In this paper we assume that the core inflation components … evolve as a multivariate local level process. This model, which is theoretically attractive for modelling inflation dynamics … estimates, as we show in a Monte Carlo exercise. In an application to euro-area inflation we find that our forecasts compare …

predictor of core inflation than other measures …

In this paper, I apply univariate and vector autoregressive (VAR) models to forecast inflation in Vietnam. To … properties of inflation in Vietnam. Then, I compute the pseudo out-of-sample root mean square error (RMSE) as a measure of … forecasting models from among the different candidates. I find that VAR_m2 is the best monthly model to forecast inflation in …

predict inflation, interest rates, unemployment, income, stock prices, and the housing market. The results cast doubt on the … allocation, and economic forecasting. The third paper, An Inflation Expectations Horserace, examines the use of high …-frequency versus low-frequency inflation expectations data. I present a collection of 37 different measures of inflation expectations …

applied to quarterly and monthly US inflation in an empirical study. We find that the persistence of quarterly inflation has … and density forecasts for monthly US inflation. …

level - for predicting inflation in India. Using quarterly data on manufacturing inflation from 1982 to 2007, we find that … the real money gap is a significant predictor of inflation in india. Our results show that this variable is a better … predictor of future inflation at quarterly horizon than the deviation of broad money growth from its target for the whole sample …

containing information on real economic activity, inflation, interest rates and Divisia monetary aggregates produces the most …