Simulating Inflation Forecasting in Real-Time : How Useful Is a Simple Phillips Curve in Germany, the UK, and the US? /
This paper simulates out-of-sample inflation forecasting for Germany, the UK, and the US. In contrast to other studies, we use output gaps estimated with unrevised real-time GDP data. This exercise assumes an information set similar to that available to a policymaker at a given point in time since G...
Auteur principal: | |
---|---|
Autres auteurs: | |
Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2010.
|
Collection: | IMF Working Papers; Working Paper ;
No. 2010/052 |
Accès en ligne: | Full text available on IMF |