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slack or oil price fluctuations, motivated by a novel interpretation of the forecasting implications of the workhorse open …
Persistent link: https://www.econbiz.de/10011389395
Persistent link: https://www.econbiz.de/10014529004
slack or oil price fluctuations, motivated by a novel interpretation of the forecasting implications of the workhorse …
Persistent link: https://www.econbiz.de/10012970177
targeting, under various open-economy Phillips curve specifications. Our forecasting exercise suggests that open …-2015:Q1 period and appear to be reliable proxies for global slack in forecasting inflation …
Persistent link: https://www.econbiz.de/10012957136
targeting, under various open-economy Phillips curve specifications. Our forecasting exercise suggests that open …-2015:Q1 period and appear to be reliable proxies for global slack in forecasting inflation. …
Persistent link: https://www.econbiz.de/10011696333
targeting, under various open-economy Phillips curve specifications. Our forecasting exercise suggests that open …-2015:Q1 period and appear to be reliable proxies for global slack in forecasting inflation …
Persistent link: https://www.econbiz.de/10012960529
slack or oil price fluctuations, motivated by a novel interpretation of the forecasting implications of the workhorse open …
Persistent link: https://www.econbiz.de/10013014933
-consistent single-equation forecasting specification implied by theory, exploiting the international linkages of inflation. In this …-García (Forthcoming) use for inflation forecasting. We make note in particular of the role that the slope of the Phillips curve plays in … the equilibrium solution of the workhorse open-economy New Keynesian model and for forecasting purposes. We also include …
Persistent link: https://www.econbiz.de/10012943015
We investigate how macroeconomic drivers influence the predictive inflation distribution and establish two key findings. First, the recent muted response of the conditional mean of inflation to economic conditions does not convey a complete picture of inflation dynamics. Indeed, we find ample...
Persistent link: https://www.econbiz.de/10013298817
This paper estimates the tail risks of consumer price inflation in India using a quantile regression framework. It examines the impact of various domestic and global macroeconomic factors, along with the role of inflation targeting (IT) in reducing the inflation tail risks as well as the shifts...
Persistent link: https://www.econbiz.de/10014349391