The purpose of the present paper is to investigate perceived inflation gap persistence using actual data of … professional forecasts. We derive the unobserved perceived inflation gap persistence and using a state dependent model we estimate … the non-linear persistence coefficient of inflation gap. Our main result is that for GDP deflator inflation, the estimates …

inflation rates of Turkey and propose a new weighting scheme, the time-varying simple weighting method. Our guiding principle … the exhaustive literature of forecast combinations and apply our newly developed combination method to test for the … prospective credibility of the inflation-targeting regime of the central bank of the Republic of Turkey …

modifies a wage–price-setting (WPS) model to forecast U.S. inflation over one- to three-year horizons. The out …-of-sample forecast results show that productivity growth is a useful predictor of inflation, in the sense that the modified WPS model … improves upon some univariate benchmark models during the 1990Q1–2020Q2 period. Since the early 2000s, forecast accuracy can be …

. Here we show that this may be problematic. In a panel of US inflation forecast data that allows us to compare the two, the …A common practice in studies using inflation forecasts is to approximate fixed-horizon forecasts with fixed-event ones … inflation), and statistically significant differences in both the variances and persistence of the approximate inflation …