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UPC 9781451963380 Simulating Inflation Forecasting in Real-Time 

 
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ISBN 9781451963380 - Simulating Inflation Forecasting in Real-Time

ISBN 9781451963380
Simulating Inflation Forecasting in Real-Time

   Barcode ISBN 9781451963380

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Description 9781451963380
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 GDP data is subject to sometimes substantial revisions. In addition to using real-time datasets for the UK and the US, we employ a dataset for real-time German GDP data not before. We find that Phillips curves based on ex post output gaps generally improve the accuracy of inflation forecasts compared to an AR(1) forecast but that real-time output gaps often do not help forecasting inflation. T 9781451963380
price data
$9.00
ISBN-13
9 781451 963380
ISBN-10, Asin and Amazon's sku
1451963380
New Link Scanned 9781451963380
2018-08-18 15:16:57

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