Cristadoro, Riccardo; Forni, Mario; Reichlin, Lucrezia; … - C.E.P.R. Discussion Papers - 2001
This Paper proposes an index of core inflation for the euro area which exploits information from a large panel of time … characteristics and to perform very well as a forecaster of the euro area harmonized consumer price index at one and two years horizon …, which is the relevant horizon for the ECB monetary policy. …