The purpose of this paper is to measure the degree of persistence of the overall, core, food and energy Harmonized … statistically significant level of persistence in four HICP-EAs: headline, core, food and energy. Moreover, contrary to popular … are more volatile and more persistent than the other two price indexes. Our results also show a reduction in persistence …

The purpose of this paper is to measure the degree of persistence of the overall, core, food and energy Harmonized … statistically significant level of persistence in four HICP-EAs: headline, core, food and energy. Moreover, contrary to popular … are more volatile and more persistent than the other two price indexes. Our results also show a reduction in persistence …

Changing time series properties of US inflation and economic activity, measured as marginal costs, are modeled within a …. Forward and backward looking expectation components for inflation are incorporated and their relative importance is evaluated …. Survey data on expected inflation are introduced to strengthen the information in the likelihood. Use is made of simulation …

functional autoregressive (FAR) modeling approach to the density forecasting analysis of national inflation rates using sectoral … inflation rates in the UK over the period January 1997-September 2013. The pseudo out-of-sample forecasting evaluation and test … generating the density forecast of inflation, and analyse the performance of the central bank in achieving announced inflation …

In this paper, we explore machine learning (ML) methods to improve inflation forecasting in Brazil. An extensive out … identify the key variables to predict inflation, thus helping to open the ML black box. Despite the evidence of no universal … of mean-squared error. Moreover, the results indicate the existence of nonlinearities in the inflation dynamics, which …

paper we present estimation for Peruvian data and compare the predictability properties of competing measures of inflation …A central element of an inflation targeting approach to monetary policy is a proper measure of inflation. The … international evidence suggests the use of core inflation measures. In this paper we claim that core inflation should be measured as …

This paper analyses the degree of inflation persistence in the EU15, the euro area and each of its member states using … moderate degree of median and mean inflation persistence. For most price indices we are able to reject the unit root hypothesis …, as well as the notion of disaggregate inflation exhibiting a high degree of persistence. Durable goods and services tend …

Conjectures about inflation expectations are inextricably linked to our understanding of the relationship between the … therefore examines the empirical properties of inflation expectations data constructed on the basis of both qualitative and … provides some insights into the nature of the interaction between monetary policy and inflation expectations. …

It has been widely argued that inflation persistence since WWII has been widespread and durable and that it can only be … persistence it reveals is largely due to changing monetary regimes and that models with moderate or even no nominal rigidity are …