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 …

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 …

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 …

using the autoregressive distributive (ARDL) model applied to quarterly data covering the post inflation targeting period of …

This paper attempts to investigate the impact of demand and supply shocks on core inflation in India. Firstly, it … calculates core inflation through asymmetric trim mean approach and secondly autoregressive distributed model is used to explain … the dynamic effects of shocks on core inflation. Empirical findings based on ARDL bound test confirms the existence of …

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 …

interest by academics in examining the pass-through effects of monetary policy instrument to house price inflation. This study … examines the asymmetric pass through effects from monetary policy to house price inflation for the case of South Africa. Our … empirical results reveal a negative and significant pass through from interest rates to house price inflation, even though such …