well as the improvements made to this measure of inflation since 2003 – finds that the HICP continues to fulfil the … replacement and quality adjustment. Such measures may also help reduce the measurement bias that still exists in the HICP. Overall …, a knowledge gap concerning the exact size of the measurement bias of the HICP remains, which calls for further research …

This paper attempts to designate the most efficient core inflation measure for Vietnam. Five measures of core inflation … price, the trimmed-mean, the weighted median, the exponentially smoothed and the output-neutral inflation. They are … subsequently evaluated empirically for tracking the trend, predictive power and cointegration with the headline inflation. The key …

In this paper, the authors propose a measure of underlying inflation for Canada obtained from estimating a monthly … distort the signal in many other measures of underlying inflation, and appears to capture price movements that are indicative … measures of underlying inflation monitored by the Bank of Canada. …

We provide an updated evaluation of the value of various measures of core inflation that could be used in the conduct … of monetary policy. We find that the Bank of Canada's current preferred measures of core inflation-CPI-trim, CPI … biased, less volatile and much more persistent relative to alternative core measures and CPI inflation. They are also still …

the headline CPI, exclusion-based 'cores', and trimmed means as measures of underlying inflation. Overall, we find that … support to the use of trimmed means as useful measures of underlying inflation at the current juncture where the growth of … China and other emerging markets is having two offsetting effects on global inflation. Whereas some central banks have …

The standard measure of core or underlying inflation is the inflation rate excluding food and energy prices. This paper … constructs an alternative measure, the weighted median inflation rate, for 38 advanced and emerging economies using subclass …, and more closely related to headline inflation over the next year. The weighted median also has a drawback: in most …

This paper presents a brief analysis of representative measures of inflation expectations from Central Bank of Brazil … measures of inflation expectations from the panel of professional forecasts surveyed from January 2002 to September 2012. We … predictive power of the alternative measures with the realized core of consumer price inflation. …

Under inflation targeting and other related monetary policy regimes, the identication of non-transitory inflation and … forecasts about future inflation constitute key ingredients for monetary policy decisions. In practice, central banks perform … these tasks using so-called "core inflation measures". In this paper we construct alternative core inflation measures using …

This paper is concerned with inflation targeting as a potential monetary policy objective in a developing economy … short-run inflation targets. It is found that due to the particular cross-sectional properties of the relative … concerned with the choice of alternative indicators of inflation and their statistical properties. These alternative measures …