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Ireland prior to the 1979 exchange rate break with Sterling. It was argued that, as a small open economy, prices were … determined externally. To test this relationship, we study the determination of inflation between 1926 and 2012, a longer sample … of inflation both in the full sample and in the subsamples spanning the periods before and after the Sterling parity link. …
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of topics, including but not limited to inflation, household finance, the labor market, and the housing market. There are …
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The paper seeks to obtain an optimal asymmetric trimmed mean-based core inflation measure in the class of trimmed mean …
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measurement unit determines what distortions we will face, and thus, using different measures we may end up identifying completely …
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Trimmed-mean Personal Consumption Expenditure (PCE) inflation does not clearly dominate ex-food-and-energy PCE … inflation in real-time forecasting of headline PCE inflation. However, trimmed-mean inflation is the superior communications and … policy tool because it is a less-biased real-time estimator of headline inflation and because it more successfully filters …
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