Author: A. Pierre CloutierPublisher:
ISBN:
Category : Consumer price indexes
Languages : en
Pages : 78
Book Description
Revision of the Forecasting Model for the Consumer Price Index for Food
Author: A. Pierre CloutierPublisher:
ISBN:
Category : Consumer price indexes
Languages : en
Pages : 78
Book Description
Inflation Expectations
Author: Peter J. N. SinclairPublisher: Routledge
ISBN: 1135179778
Category : Business & Economics
Languages : en
Pages : 402
Book Description
Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The main focus of the volume is on likely inflation developments. A number of factors have led practitioners and academic observers of monetary policy to place increasing emphasis recently on inflation expectations. One is the spread of inflation targeting, invented in New Zealand over 15 years ago, but now encompassing many important economies including Brazil, Canada, Israel and Great Britain. Even more significantly, the European Central Bank, the Bank of Japan and the United States Federal Bank are the leading members of another group of monetary institutions all considering or implementing moves in the same direction. A second is the large reduction in actual inflation that has been observed in most countries over the past decade or so. These considerations underscore the critical – and largely underrecognized - importance of inflation expectations. They emphasize the importance of the issues, and the great need for a volume that offers a clear, systematic treatment of them. This book, under the steely editorship of Peter Sinclair, should prove very important for policy makers and monetary economists alike.
Working Paper
Author: Technical Bulletin
Author: Theresa Y. SunPublisher:
ISBN:
Category : Agricultural prices
Languages : en
Pages : 36
Book Description
Forecasting Economic Time Series
Author: Michael ClementsPublisher: Cambridge University Press
ISBN: 9780521634809
Category : Business & Economics
Languages : en
Pages : 402
Book Description
This book provides a formal analysis of the models, procedures, and measures of economic forecasting with a view to improving forecasting practice. David Hendry and Michael Clements base the analyses on assumptions pertinent to the economies to be forecast, viz. a non-constant, evolving economic system, and econometric models whose form and structure are unknown a priori. The authors find that conclusions which can be established formally for constant-parameter stationary processes and correctly-specified models often do not hold when unrealistic assumptions are relaxed. Despite the difficulty of proceeding formally when models are mis-specified in unknown ways for non-stationary processes that are subject to structural breaks, Hendry and Clements show that significant insights can be gleaned. For example, a formal taxonomy of forecasting errors can be developed, the role of causal information clarified, intercept corrections re-established as a method for achieving robustness against forms of structural change, and measures of forecast accuracy re-interpreted.
The 10th Federal Forecasters Conference, 1999
Author: Debra E. GeraldPublisher:
ISBN:
Category : Economic forecasting
Languages : en
Pages : 340
Book Description
Consumer Price Index Manual
Author: International Labour OfficePublisher: International Labour Organization
ISBN: 9789221136996
Category : Business & Economics
Languages : en
Pages : 578
Book Description
The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.
Forecasting Retail Values and Spreads for the Market Basket of U.S. Farm Foods
Author: Theresa Y. SunPublisher:
ISBN:
Category : Agricultural prices
Languages : en
Pages : 36
Book Description
Report of the Minister of Agriculture for the Dominion of Canada
Author: Canada. Agriculture CanadaPublisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 96
Book Description
Chronic Inflation in an Industrializing Economy
Author: Vincent ParkinPublisher: Cambridge University Press
ISBN: 9780521375405
Category : Business & Economics
Languages : en
Pages : 344
Book Description
Vincent Parkin explains the nature and causes of chronic inflation in middle-income developing countries by focusing on the Brazilian experience.