03619oam 22008654 450 991078840850332120230828232657.01-4623-1752-91-4527-4207-31-283-51312-997866138255751-4519-0891-1(CKB)3360000000443549(EBL)3014363(SSID)ssj0000940097(PQKBManifestationID)11493985(PQKBTitleCode)TC0000940097(PQKBWorkID)10947845(PQKB)10282219(OCoLC)698585586(MiAaPQ)EBC3014363(IMF)WPIEE2006097(EXLCZ)99336000000044354920020129d2006 uf 0engur|n|---|||||txtccrCore Inflation Measures and Statistical Issues in Choosing Among Them /Mick SilverWashington, D.C. :International Monetary Fund,2006.1 online resource (58 p.)IMF Working Papers"April 2006."1-4518-6357-8 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. CONCEPTS AND PRACTICAL ISSUES""; ""III. SOURCES OF ERROR AND BIAS IN A CPI""; ""IV. THE METHODS""; ""V. HOW TO CHOOSE AMONG METHODS: JUDGING WHICH IS BEST""; ""VI. CONCLUDING REMARKS""; ""REFERENCES""This paper provides an overview of statistical measurement issues relating to alternative measures of core inflation, and the criteria for choosing among them. The approaches to measurement considered include exclusion-based methods, imputation methods, limited influence estimators, reweighting, and economic modeling. Criteria for judging which approach to use include credibility, control, deviations from a smoothed reference series, volatility, predictive ability, causality and cointegration tests, and correlation with money supply. Country practice can differ in how the approaches are implemented and how their appropriateness is assessed. There is little consistency in the results of country studies to readily suggest guidelines on accepted methods.IMF Working Papers; Working Paper ;No. 2006/097Inflation (Finance)Econometric modelsFinanceEconometric modelsInflationimfMacroeconomicsimfMoney and Monetary PolicyimfPrice LevelimfDeflationimfMonetary PolicyimfMonetary economicsimfConsumer price indexesimfInflation targetingimfPrice indexesimfPricesimfMonetary policyimfUnited KingdomimfInflation (Finance)Econometric models.FinanceEconometric models.InflationMacroeconomicsMoney and Monetary PolicyPrice LevelDeflationMonetary PolicyMonetary economicsConsumer price indexesInflation targetingPrice indexesPricesMonetary policySilver Mick1449453International Monetary Fund.Statistics Dept.DcWaIMFBOOK9910788408503321Core Inflation Measures and Statistical Issues in Choosing Among Them3850056UNINA