A structural VAR approach to core inflation in Canada

The author constructs a measure of core inflation using a structural vector autoregression containing oil-price growth, output growth, and inflation. This macro-founded measure of inflation forecasts total inflation at least as well as other, atheoretical measures.

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Year of publication:	2008
Authors:	Martel, Sylvain
Publisher:	Ottawa : Bank of Canada
Subject:	Geldpolitik \| Mineralölpreisschock \| Wirtschaftswachstum \| Inflation \| Prognose \| VAR-Modell \| Kanada \| Inflation and prices

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Series:	Bank of Canada Discussion Paper ; 2008-10
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	10.34989/sdp-2008-10 [DOI] 574623922 [GVK] hdl:10419/66950 [Handle] RePEc:bca:bocadp:08-10 [RePEc]
Classification:	E31 - Price Level; Inflation; Deflation ; C53 - Forecasting and Other Model Applications
Source:	EconStor

Persistent link: https://www.econbiz.de/10010289707