Two strands of the literature suggest that PPI inflation, rather than CPI inflation, should be the targeting variable … in a monetary policy rule. The distinction between these two rules would only be important if the two inflation indices … do not co-move strongly. The first contribution of this paper is to document that the two inflation gauges did co …

2017 to shed light on how online inflation compares to overall inflation, and to gauge the magnitude of new product bias … online. The Adobe data contain transaction prices and quantities purchased. We estimate that online inflation was about 1 … online, implies roughly 2 percentage points lower inflation than in a matched model/CPI-style index …

2017 to shed light on how online inflation compares to overall inflation, and to gauge the magnitude of new product bias … online. The Adobe data contain transaction prices and quantities purchased. We estimate that online inflation was about 1 … online, implies roughly 2 percentage points lower inflation than in a matched model/CPI-style index …

This book is a non-technical introduction to the history of - and current measurement practice of - inflation for the …Chapter 1. Introduction -- Chapter 2. What is Inflation? -- Chapter 3. The Origins of Inflation Measurement: 1700 … United Kingdom, with comparative international case studies. The authors describe the historical development of inflation …

2017 to shed light on how online inflation compares to overall inflation, and to gauge the magnitude of new product bias … online. The Adobe data contain transaction prices and quantities purchased. We estimate that online inflation was about 1 … online, implies roughly 2 percentage points lower inflation than in a matched model/CPI-style index …

The standard measure of core or underlying inflation is the inflation rate excluding food and energy prices. This paper … constructs an alternative measure, the weighted median inflation rate, for 38 advanced and emerging economies using subclass …, and more closely related to headline inflation over the next year. The weighted median also has a drawback: in most …