Inflation Reports and Models : How Well Do Central Banks Really Write? /

We offer a novel methodology for assessing the quality of inflation reports. In contrast to the existing literature, which mostly evaluates the formal quality of these reports, we evaluate their economic content by comparing inflation factors reported by the central banks with ex-post model-identifi...

Full description

Bibliographic Details
Main Author: Bulir, Ales
Other Authors: Hurnik, Jaromir, Smidkova, Katerina
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/091
Online Access:Full text available on IMF