Measures of Underlying Inflation in the Euro Area : Assessment and Role for Informing Monetary Policy /

The paper evaluates the 24-month ahead inflation forecasting performance of various indicators of underlying inflation and structural models. The inflation forecast errors resulting from model misspecification are larger than the errors resulting from forecasting of exogenous variables. Also, measur...

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Tác giả chính: Stavrev, Emil
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2006.
Loạt:IMF Working Papers; Working Paper ; No. 2006/197
Truy cập trực tuyến:Full text available on IMF