A simple adaptive measure of core inflation.: An article from: Journal of Money, Credit & Banking

This digital document is an article from Journal of Money, Credit & Banking, published by Ohio State University Press on February 1, 2002. The length of the article is 8294 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: This paper proposes a new measure of core inflation and compares it with several existing measures. The new measure is adaptive and is designed to track sudden and persistent movements in inflation, such as those arising from changes in monetary policy regimes. The adaptive measure filters out transients more effectively than existing measures, and it is a superior predictor of locally mean-reverting components of inflation.

Citation Details
Title: A simple adaptive measure of core inflation.
Author: Timothy Cogley
Publication:Journal of Money, Credit & Banking (Refereed)
Date: February 1, 2002
Publisher: Ohio State University Press
Volume: 34 Issue: 1 Page: 94(20)

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