Can the South African Reserve Bank’s (SARB) substantially control inflation within their set target of 3-6 percent? We … aggregated inflation data collected between 2003 and 2014. To this end, we employ the three-regime threshold autoregressive (TAR … for varying persistency within the autoregressive (AR) components of the inflation process. Our empirical explorations …

Much of the US inflation forecasting literature deals with examining the ability of macroeconomic indicators to predict … the mean of future inflation, and the overwhelming evidence suggests that the macroeconomic indicators provide little or … no predictability. In this paper, we expand the scope of inflation predictability and explore whether macroeconomic …

This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed … from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation … Search Index (GISI) is assessed relative to 37 other indicators of inflation expectations – 36 survey measures and the TIPS …

This paper explored the degree of inflation persistence in Thailand using both headline and sectoral CPI indices during … rate regime. Furthermore, there seemed to be monetary accommodation of inflation persistence in both regimes. However, some … negative mean shifts in the inflation process might be resulted from the impact of inflation targeting implemented in May 2000. …

.S. Inflation Become Harder to Forecast?, Journal of Money, Credit and Banking, Supplement to Vol. 39, No. 1, February 2007 ….S. inflation. The model decomposes inflation into a core component, evolving as a random walk, and a transitory component. The … inflation volatility and systematic model selection provide strong evidence in favor of a model with heteroscedastic …

.S. inflation dynamics which, according to our results, is purely forward-looking. …

application, we consider modeling the U.S. inflation which, according to our results, exhibits purely forward-looking dynamics. …

In this paper I examine the Okun–Friedman hypothesis of the link between inflation and inflation uncertainty using … historical international data on the monthly CPI. An indicator of inflation uncertainty at the two-years-ahead horizon is derived … from a time-series model of inflation with time-varying parameters by means of Monte Carlo simulations. This indicator is …

This paper investigates whether the exchange rate pass-through (ERPT) to CPI inflation is a nonlinear phenomenon for … confidence during the recent sovereign debt crisis has entailed a higher sensibility of CPI inflation to exchange rate movements. …