The unreliability of inflation indicators

Analysts seeking evidence of rising inflation often focus on the movements of a single indicator_an increase in the price of gold, for example, or a decline in the unemployment rate. But simple statistical tests reveal that such indicators, used in isolation, have very limited predictive power.

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Year of publication:	2000
Authors:	Cecchetti, Stephen G. ; Chu, Rita S. ; Steindel, Charles
Published in:	Current Issues in Economics and Finance. - Federal Reserve Bank of New York. - Vol. 6.2000, Apr, 4
Publisher:	Federal Reserve Bank of New York
Subject:	Inflation (Finance) \| Economic indicators \| Forecasting

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Extent:	text/html application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005387192