Showing 21 - 30 of 55,723
There is considerable interest in identifying the magnitude of the difference between increases in CPI and costs-of-living, and this article uses the technique proposed by Hamilton (2001) to measure this discrepancy for Norway for the 90s. The method is extended along several dimensions by...
Persistent link: https://www.econbiz.de/10011968138
There is considerable interest in identifying the magnitude of the difference between increases in CPI and costs-of-living, and this article uses the technique proposed by Hamilton (2001) to measure this discrepancy for Norway for the 90s. The method is extended along several dimensions by...
Persistent link: https://www.econbiz.de/10004980892
Inflation expectations are a key determinant of actual and future inflation and thus matter for the conduct of monetary … policy. We study how firms form their inflation expectations using quarterly firm-level data from the Bank of Canada …'s Business Outlook Survey, spanning the 2001 to 2015 period. The data are aggregated to construct an inflation expectations index …
Persistent link: https://www.econbiz.de/10011555532
(HICP) inflation and average HICP inflation in the euro area. Conversely, relative wage growth differentials across euro … individual euro area countries – largely reflecting inflation persistence and certain institutional factors – might also have …
Persistent link: https://www.econbiz.de/10011606242
Inflation expectations are a key determinant of actual and future inflation and thus matter for the conduct of monetary … policy. We study how firms form their inflation expectations using quarterly firm-level data from the Bank of Canada …'s Business Outlook Survey, spanning the 2001 to 2015 period. The data are aggregated to construct an inflation expectations index …
Persistent link: https://www.econbiz.de/10011540769
Quantification techniques are popular methods in empirical research to aggregate the qualitative predictions at the micro-level into a single figure. In this paper, we analyze the forecasting performance of various methods that are based on the qualitative predictions of financial experts for...
Persistent link: https://www.econbiz.de/10012733243
Inflation expectations are a key determinant of actual and future inflation and thus matter for the conduct of monetary … policy. We study how firms form their inflation expectations using quarterly firm-level data from the Bank of Canada …'s Business Outlook Survey, spanning the 2001 to 2015 period. The data are aggregated to construct an inflation expectations index …
Persistent link: https://www.econbiz.de/10012979664
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 …
Persistent link: https://www.econbiz.de/10013055949
(HICP) inflation and average HICP inflation in the euro area. Conversely, relative wage growth differentials across euro … individual euro area countries - largely reflecting inflation persistence and certain institutional factors - might also have …
Persistent link: https://www.econbiz.de/10013316619
policies. The ability to measure inflation expectations is an integral part of central bank policy especially for central banks … that are implementing inflation-targeting regime. A forward-looking perspective is essential to the success of inflation … targeting. Therefore, a central bank having primary objective of price stability are interested in inflation expectations …
Persistent link: https://www.econbiz.de/10010941539