Giannone, Domenico; Matheson, Troy - C.E.P.R. Discussion Papers - 2007
This paper introduces a new indicator of core inflation for New Zealand, estimated using a dynamic factor model and … core indicator with a wide range of other ‘core inflation’ measures estimated from disaggregate consumer prices, such as … guide to define our target measure of core inflation - a centered 2 year moving average of past and future inflation …