techniques, i.e., ARIMA and VAR models to forecast the four index of inflation, named, Consumer Price Index (CPI), Wholesale …

This paper examines the drivers of CPI inflation through the lens of a simple, but computationally intensive machine … learning technique. More specifically, it predicts inflation across 20 advanced countries between 2000 and 2021, relying on 1 … relative to OLS. Overall, the results highlight the role of expectations for inflation outcomes in advanced economies, even …