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money in forecasting euro-area inflation. We compare the predictive performance within and among various classes of … contains relevant information for inflation in some model classes. Money-based New Keynesian DSGE models and VARs incorporating …
Persistent link: https://www.econbiz.de/10013156265
monetary and credit aggregates are very often selected among the top predictors of inflation, with their predictive power … and credit variables in forecasting inflation, even if their information content is diluted in a much broader pool of …
Persistent link: https://www.econbiz.de/10011637074
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 … turning points in the inflation cycle ex post and perform well in a simulated real-time exercise over the period from 2010 to …
Persistent link: https://www.econbiz.de/10011901421
money in forecasting euro-area inflation. We compare the predictive performance within and among various classes of … contains relevant information for inflation in some model classes. Money-based New Keynesian DSGE models and VARs incorporating …
Persistent link: https://www.econbiz.de/10012677626
-specific measures, particularly since the start of EMU, and is useful to predict country-specific inflation. However, it generally does … not encompass country-specific money overhang measures as predictors of inflation. Hence, aggregate money overhang is an …
Persistent link: https://www.econbiz.de/10008858923
countryspecific measures, particularly since the start of EMU, and is useful to predict country-specific inflation. However, it … generally does not encompass country-specific money overhang measures as predictors of inflation. Hence, aggregate money … ; money overhang ; inflation forecast …
Persistent link: https://www.econbiz.de/10003746606
Persistent link: https://www.econbiz.de/10003801386
for future inflation for the cross section of New EU Member States. This paper provides stylized facts on monetary versus … non-monetary (economic and fiscal) determinants of inflation in these countries as well as formal econometric evidence on … predicting inflation at longer (3-year) horizons. -- Inflation forecasting ; leading indicators ; monetary policy ; information …
Persistent link: https://www.econbiz.de/10003831802
Persistent link: https://www.econbiz.de/10003912607
Persistent link: https://www.econbiz.de/10011384107