Measures of underlying inflation in Sri Lanka [[electronic resource] /] / prepared by Souvik Gupta and Magnus Saxegaard

• Autore: Gupta Souvik
• Pubblicazione: [Washington, D.C.], : International Monetary Fund, Asia and Pacific Dept., 2009
• Descrizione fisica: 1 online resource (23 p.)
• Soggetto topico: Inflation (Finance) - Sri Lanka; Monetary policy - Sri Lanka
• Soggetto genere / forma: Electronic books.
• Altri autori: SaxegaardMagnus
• Note generali: "August 2009."
• Nota di contenuto: Contents; I. Introduction; Figures; 1. Consumer Price Inflation; 2. Capacity Utilization; 3. Inflationary Pressure; II. Background; 4. Reserve Money and Credit; III. Alternative Measures of Core Inflation; A. Exclusion-based Methods; 5. Exclusion Based Measure of Core Inflation; B. Limited Influence Estimators; C. Reweighing the CPI; 6. Trimmed Mean Inflation; 7. Root Mean Squared Errors of Alternative Trimmed Mean Measures; D. Model-based Methods; 8. Persistence Weighted Measure of Core Inflation; IV. Conditions to Evaluate Measures of Core Inflation; 9. Quah-Vahey Measure of Core Inflation ; A. Marques et al. (2004) TestsV. Results; Tables; 1. Evaluation of Measures of Core Inflation; VI. Concluding Remarks; References
• Sommario/riassunto: During the first half of 2008, Sri Lanka witnessed significantly higher inflation than most other emerging Asian countries. Inflation has since declined amid declining world commodity prices and tight monetary policy. Given the sensitivity to global commodity prices, a core inflation measure could be useful for monetary policy. The purpose of this paper is to compare the performance of Sri Lanka's existing official measure of core inflation against alternative measures. Our findings suggest that the existing measure does contain information about the future path of headline information, but ma
• Titolo autorizzato: Measures of underlying inflation in Sri Lanka
• ISBN: 1-4623-3760-0; 1-4527-2988-3; 9786612843808; 1-282-84380-X; 1-4518-7314-X
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910464006303321
• Lo trovi qui: Univ. Federico II
• Serie: IMF working paper ; ; WP/09/167.