Monitoring core inflation

An analysis of the use of limited-information estimators as measures of core inflation, showing that these estimators, such as the median of the cross-sectional distribution of inflation, have a higher correlation with past money growth and deliver improved forecasts of future inflation relative to the Consumer Price Index.

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Year of publication:	1993
Authors:	Byran, Michael F. ; Cecchetti, Stephen G.
Institutions:	Federal Reserve Bank of Cleveland
Subject:	Inflation (Finance)

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Extent:	application/pdf
Series:	Working Paper.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 9304
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005526630