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Measures of underlying inflation in the Euro area : assessment and role for informing monetary policy /

The paper evaluates the 24-month ahead inflation forecasting performance of various indicators of underlying inflation and structural models. The inflation forecast errors resulting from model misspecification are larger than the errors resulting from forecasting of exogenous variables. Also, measur...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Stavrev, Emil (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Research Dept., ©2006.
Colección:IMF working paper ; WP/06/197.
Temas:
Acceso en línea:Texto completo