In this paper, we propose a novel approach to classifying inflation-targeting (IT) economies based on fractionally … of inflation rate series to identify four de facto IT strategies, or ‘shades’ of IT. Moving from negative orders of …

The objective of this paper is to identify the best indicator variable in forecasting inflation in Malaysia. Due to the … fact that Malaysia experienced the rise of CPI by 4.8 percent in March 2006, the country’s highest inflation rate in seven …) could predict inflation, we construct a simple forecasting model that incorporates the variable. We estimate a two …

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 investigates the use of DMA approach for identifying good inflation predictors and forecasting inflation in … set of predictors for inflation and marginal effects of predictors to change over time. Our empirical work resulted in … several novel in findings. First, external variables (i.e., China’s growth, China’s inflation, change in oil price) play …

This paper criticises the econometric inflation uncertainty proxies found in the literature, which show an overly … literature and the evidence conveyed by the literature on surveys of inflation expectations. While the latter shows that actual … inflation level – inflation uncertainty link. Next, the performance of inflation forecasts from both the Central Bank of Brazil …

This paper is first attempt to measure and analyze inflation uncertainty in Pakistan and it provides several … contributions. Using quarterly data from 1976:01 to 2008:02, at first stage we model inflation uncertainty as time varying process … through GARCH framework. At second stage asymmetric behavior of inflation uncertainty is analyzed by using GJR-GARCH and …

The primary purpose of this study is to model and analyze inflation volatility in ten selected Asian economies. We used … quarterly data of inflation from 1987Q1 to 2008Q4 to model inflation volatility as time varying process through different … symmetric and asymmetric GARCH specifications. We also proposed to model inflation volatility on the basis of cyclic component …

The primary purpose of this study is to model and analyze inflation volatility in ten selected Asian economies. We used … quarterly data of inflation from 1987Q1 to 2008Q4 to model inflation volatility as time varying process through different … symmetric and asymmetric GARCH specifications. We also proposed to model inflation volatility on the basis of cyclic component …

time-varying causality tests indicate that inflation is not always a monetary phenomenon in Malaysia. Therefore, the …