Measuring U.S. Core Inflation: The Stress Test of COVID-19
نویسندگان
چکیده
منابع مشابه
Measuring US core inflation: A common trends approach
In this paper the long-run trend in CPI inflation (core inflation) for the US over the 1960– 2000 period is estimated using a common trends model. In this framework, core inflation is interpreted and constructed as the long-run forecast of inflation conditional on the information contained in nominal money growth, output fluctuations and movements in the oil price. Unlike other commonly used me...
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ژورنال
عنوان ژورنال: IMF working paper
سال: 2021
ISSN: ['1018-5941', '2227-8885']
DOI: https://doi.org/10.5089/9781616357580.001