Various inflation forecasting models are compared using a simulated out-of-sample forecasting framework. We focus on … the question of whether monetary aggregates are useful for forecasting inflation, but unlike previous work we examine a … are also reported on. The first shows that cointegration vector parameter estimation error is crucial when using VEC …

The extent to which the stock market provides a hedge to investors against inflation is examined for African stock … markets. By employing parametric and nonparametric cointegration procedures, we show that the point estimates of the …

, Spain, Sweden and the UK which have adopted a "formal" policy of low or zero inflation target. Using cointegration analysis …This paper examines the relationship between inflation and real income in Australia, Canada, Finland, New Zealand … and a vector error correction model (VECM), it is found that the long-run relationship between inflation and real income …

useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this …

We construct inflation pressure indicators based on the long-run relationship that exists between monetary aggregates … determinants considering its long-run coefficients. Our results indicate that monetary policy has been congruent with the inflation …

This paper presents an econometric analysis of the demand for the monetary aggregate M1 in Mexico. Using cointegration … seigniorage maximizing inflation rate, and (3) analysis of the potential relationship between a measure of excess money and … inflation. Results indicate that the low inflation equilibrium is stable, and that the excess money indicator shows, in …

empirical part consists of a cointegration analysis with an error correction mechanism from the mid 80s until 2005. We are able …

regime driven by the exchange rate and a third one with inflation targeting. The result is a CVAR with constant long … framework, inflation dynamics in Mexico since the country abandoned the gold standard. The model encompasses known results … parsimonious, it does not require inflation lags nor dummy variables. It also displays a very good pseudo out-of-sample forecasting …