level - for predicting inflation in India. Using quarterly data on manufacturing inflation from 1982 to 2007, we find that … the real money gap is a significant predictor of inflation in india. Our results show that this variable is a better … predictor of future inflation at quarterly horizon than the deviation of broad money growth from its target for the whole sample …

Global inflation has surged to 7.5 percent in August 2022, from an average of 2.1 percent in the decade preceding the … factors to the post-pandemic rise in consumer price inflation, using monthly data and a battery of econometric methodologies … inflation dynamics throughout Europe, country-specific factors, including monetary and fiscal policy responses to the crisis …

Many pricing models imply that nominal interest rates contain information on inflation expectations. This has lead to a … large empirical literature that investigates the use of interest rates as predictors of future inflation. Most of these … focus on the Fisher hypothesis in which the interest rate maturity matches the inflation horizon. In general forecast …

containing information on real economic activity, inflation, interest rates and Divisia monetary aggregates produces the most …

predictive power of the output gap for inflation in the euro area. We find evidence of changes in trend growth around the … estimates in real time. Our measures help forecasting inflation over most of our evaluation sample (2001-2010) but fail … ; Markov-switching ; Auxiliary information ; Model averaging ; Inflation forecast ; Real-time analysis …

predictive power of the output gap for inflation in the euro area. We find evidence of changes in trend growth around the … estimates in real time. Our measures help forecasting inflation over most of our evaluation sample (2001-2010) but fail …

This paper analyses the performance of GDP growth and inflation forecasts for 25 transition countries between 1994 and … thirteen forecasters providing both unbiased and efficient forecasts of both GDP growth and inflation in the observed period … mean absolute error improves by 0.3 percentage points for growth and by 0.2 percentage points for inflation for each …

analyze output gap revisions and assess the usefulness of these gaps in forecasting total CPI inflation and three newly … developed measures of core CPI inflation: CPI-median, CPI-trim and CPI-common. We also study whether labour-input gaps …, projected output gaps, and simple combinations of output gaps can add useful information for forecasting inflation. We find that …

A stable predictive relationship between inflation and the output gap, often referred to as a Phillips curve, provides … univariate and multivariate estimates of the output gap for predicting inflation. Many of the ex post output gap measures we … examine appear to be quite useful for predicting inflation. However, forecasts using real-time estimates of the same measures …

estimates for inflation forecasting both in the short term (one-quarter and one-year ahead) and the medium term (two-year and … measure appears superior to all others in all respects. - Output gap ; real-time data ; euro area ; inflation forecasts ; real …