different measures of annual inflation in Colombia during this decade for monthly data. The STAR-type nonlinearities are … asymmetric for inflation computed as the variation of CPI while for (a measure of) core inflation are symmetric. Thus, LSTAR and … ESTAR models were, respectively, estimated. No evidence of nonlinearity is found for traded goods inflation. Given the local …

Typically, when forecasting inflation rates, there are a variety of individual models and a combination of several of … technique for series integrated of order one. The empirical results of Colombian inflation show that the Bayesian forecast …

This paper contains the results of a non parametric multi-step ahead forecast for the monthly Colombian inflation …, using Mean conditional Kernel estimation over inflation changes, with no inclusion of exogenous variables. The results are …

Many developing countries are adopting inflation targeting regimes to guide monetary policy decisions. In such … countries the share of food in the consumption basket is high and policy makers often employ total inflation (as opposed to core … inflation) to set inflationary targets. Therefore, central banks need to develop reliable models to forecast food inflation. Our …