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Core Inflation Measures and Statistical Issues in Choosing Among Them / / Mick Silver



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Autore: Silver Mick Visualizza persona
Titolo: Core Inflation Measures and Statistical Issues in Choosing Among Them / / Mick Silver Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
Edizione: 1st ed.
Descrizione fisica: 1 online resource (58 p.)
Soggetto topico: Inflation (Finance) - Econometric models
Finance - Econometric models
Consumer price indexes
Deflation
Inflation targeting
Inflation
Macroeconomics
Monetary economics
Monetary Policy
Monetary policy
Money and Monetary Policy
Price indexes
Price Level
Prices
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  Visualizza cluster
ISBN: 9786613825575
9781462317523
1462317529
9781452742076
1452742073
9781283513128
1283513129
9781451908916
1451908911
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910975147303321
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Serie: IMF Working Papers; Working Paper ; ; No. 2006/097