This paper investigates the use of trimmed means as high-frequency estimators of" inflation. The known characteristics … that simple averages of price data are" unlikely to produce efficient estimates of inflation. Trimmed means produce … superior estimates" of core inflation,' which we define as a long-run centered moving average of CPI and PPI" inflation. We …

As inflation approaches zero, it becomes increasingly important to examine the price indices on which monetary policy … index of the cost-of-living, is that there are likely to be biases in the index as a measure of inflation. In this paper we … inherent in the CPI as a measure of inflation--weighting bias. Utilizing a dynamic factor model we are able to compute the …

explanation of inflation, its causes and its consequences. Inflation has important economic, political, social and ethical … entry also discusses how inflation can be reduced and touches upon the issue of deflation …

inflation we might end up with price increases independent of the inflation rate. The purpose of this teaching note is to … present an approach to estimate nominal price increases examining historical nominal prices and inflation rates. This way we … immediate future inflation rate. This approach can be used to asses the risk premium a debt holder (in case it is a bank loan …

US inflation has reached its highest level in decades with academics and the media alike citing supply chain … of bidirectional causality between CPI and PPI inflation. When disaggregating down to commodity-specific PPIs, we find …