Add to ORKGThis paper examines whether core inflation is able to predict the overall trend of total inflation using real-time data in a parametric and nonparametric framework. Specifically, two sample periods and five in-sample forecast horizons in two measures of inflation, which are the personal consumption expenditure and the consumer price index, are used in the exclusions-from core inflation persistence model. This paper finds that core inflation is only able to capture the overall trend of total inflation for the twelve-quarter in-sample forecast horizon using the consumer price index in both the parametric and nonparametric models in the longer sample period. The nonparametric model outperforms the parametric model for both data samples and ...
This paper introduces a new estimate of core inflation. Core inflation is a real time estimate of mo...
(*worked in the division when the report was written) I nflation can be volatile. For example, in th...
Monetary authorities speculate that by using core inflation measures it is possible to subdivide obs...
This paper examines whether core inflation is able to predict the overall trend of total inflation u...
Using parametric and nonparametric methods, inflation persistence is examined through the relationsh...
Using parametric and nonparametric methods, inflation persistence is examined through the relationsh...
This paper tracks data revisions in the Personal Consumption Expenditure using the exclusions-from-c...
This paper presents three local nonparametric forecasting methods that are able to utilize the isola...
We explore the ability of traditional core inflation –consumer prices excluding food and energy– to ...
The purpose of this paper is to examine the forecasting ability of sixty-two vintages of revised rea...
An analysis of the use of limited-information estimators as measures of core inflation, showing that...
The Federal Reserve uses Total and Core Personal Consumption Expenditure (PCE) to model inflation. O...
The paper constructs various core inflation measures. These include various trimmed means using disa...
This paper introduces a new estimate of core inflation. Core inflation is a real time estimate of mo...
As U.S. core inflation measures have declined in recent years, analysts have renewed their efforts t...
This paper introduces a new estimate of core inflation. Core inflation is a real time estimate of mo...
(*worked in the division when the report was written) I nflation can be volatile. For example, in th...
Monetary authorities speculate that by using core inflation measures it is possible to subdivide obs...
This paper examines whether core inflation is able to predict the overall trend of total inflation u...
Using parametric and nonparametric methods, inflation persistence is examined through the relationsh...
Using parametric and nonparametric methods, inflation persistence is examined through the relationsh...
This paper tracks data revisions in the Personal Consumption Expenditure using the exclusions-from-c...
This paper presents three local nonparametric forecasting methods that are able to utilize the isola...
We explore the ability of traditional core inflation –consumer prices excluding food and energy– to ...
The purpose of this paper is to examine the forecasting ability of sixty-two vintages of revised rea...
An analysis of the use of limited-information estimators as measures of core inflation, showing that...
The Federal Reserve uses Total and Core Personal Consumption Expenditure (PCE) to model inflation. O...
The paper constructs various core inflation measures. These include various trimmed means using disa...
This paper introduces a new estimate of core inflation. Core inflation is a real time estimate of mo...
As U.S. core inflation measures have declined in recent years, analysts have renewed their efforts t...
This paper introduces a new estimate of core inflation. Core inflation is a real time estimate of mo...
(*worked in the division when the report was written) I nflation can be volatile. For example, in th...
Monetary authorities speculate that by using core inflation measures it is possible to subdivide obs...