03838oam 22009614 450 991097514730332120250426110849.0978661382557597814623175231462317529978145274207614527420739781283513128128351312997814519089161451908911(CKB)3360000000443549(EBL)3014363(SSID)ssj0000940097(PQKBManifestationID)11493985(PQKBTitleCode)TC0000940097(PQKBWorkID)10947845(PQKB)10282219(OCoLC)698585586(MiAaPQ)EBC3014363(IMF)WPIEE2006097(IMF)WPIEA2006097WPIEA2006097(EXLCZ)99336000000044354920020129d2006 uf 0engur|n|---|||||txtccrCore Inflation Measures and Statistical Issues in Choosing Among Them /Mick Silver1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (58 p.)IMF Working Papers"April 2006."9781451863574 1451863578 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 modelsConsumer price indexesimfDeflationimfInflation targetingimfInflationimfMacroeconomicsimfMonetary economicsimfMonetary PolicyimfMonetary policyimfMoney and Monetary PolicyimfPrice indexesimfPrice LevelimfPricesimfUnited KingdomimfInflation (Finance)Econometric models.FinanceEconometric models.Consumer price indexesDeflationInflation targetingInflationMacroeconomicsMonetary economicsMonetary PolicyMonetary policyMoney and Monetary PolicyPrice indexesPrice LevelPricesSilver Mick1449453International Monetary Fund.Statistics Dept.DcWaIMFBOOK9910975147303321Core Inflation Measures and Statistical Issues in Choosing Among Them4372876UNINA