Core Inflation Measures and Statistical Issues in Choosing Among Them / / Mick Silver
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| Autore: |
Silver Mick
|
| Titolo: |
Core Inflation Measures and Statistical Issues in Choosing Among Them / / Mick Silver
|
| Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2006 |
| Descrizione fisica: | 1 online resource (58 p.) |
| Soggetto topico: | Inflation (Finance) - Econometric models |
| Finance - Econometric models | |
| Inflation | |
| Macroeconomics | |
| Money and Monetary Policy | |
| Price Level | |
| Deflation | |
| Monetary Policy | |
| Monetary economics | |
| Consumer price indexes | |
| Inflation targeting | |
| Price indexes | |
| Prices | |
| Monetary policy | |
| Soggetto geografico: | United Kingdom |
| Note generali: | "April 2006." |
| Nota di bibliografia: | Includes bibliographical references. |
| Nota di contenuto: | ""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"" |
| Sommario/riassunto: | 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. |
| Titolo autorizzato: | Core Inflation Measures and Statistical Issues in Choosing Among Them |
| ISBN: | 1-4623-1752-9 |
| 1-4527-4207-3 | |
| 1-283-51312-9 | |
| 9786613825575 | |
| 1-4519-0891-1 | |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910788408503321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
IMF Working Papers; Working Paper ; ; No. 2006/097