Detmeister, Alan K. - Federal Reserve Board (Board of Governors of the … - 2011
This paper examines a number of alternative PCE price inflation measures including overall PCE inflation, PCE inflation … excluding food and energy, trimmed mean PCE inflation, component-smoothed inflation, variance-weighted inflation, inflation with … weights based on disaggregated regressions, and survey measures of inflation expectations. When averaging across a handful of …