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Measuring core inflation: notes from a 2007 Dallas Fed conference Author info | Abstract | Publisher info | Download info | Related research | Statistics Jim Dolmas
Mark A. Wynne
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In May 2007, the Federal Reserve Bank of Dallas hosted a conference, organized with the Federal Reserve Bank of Cleveland, titled "Price Measurement for Monetary Policy." The conference broadly focused on two issues - the measurement of core inflation and the measurement of inflation expectations. This paper summarizes the conference papers on core inflation.
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Article provided by Federal Reserve Bank of Dallas in its journal Staff Papers .
Volume (Year): (2008)
Issue (Month): May ()
Pages:
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Handle: RePEc:fip:feddst:y:2008:i:may:n:4Contact details of provider: Email: Web page: http://www.dallasfed.org/ More information through EDIRC
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Keywords: Inflation (Finance) ; Monetary policy ; Price indexes ; Price levels ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Diana N. Weymark & Mototsugu Shintani, 2004.
"Measuring Inflation Pressure and Monetary Policy Response: A General Approach Applied to US Data 1966 - 2001 ,"
Working Papers
0424, Department of Economics, Vanderbilt University.
[Downloadable!]
Richard Clarida & Jordi Gali & Mark Gertler, 1999.
"The Science of Monetary Policy: A New Keynesian Perspective ,"
Journal of Economic Literature ,
American Economic Association, vol. 37(4), pages 1661-1707, December.
[Downloadable!] (restricted)
Other versions:
Clarida, Richard & Galí, Jordi & Gertler, Mark, 1999.
"The Science of Monetary Policy: A New Keynesian Perspective ,"
CEPR Discussion Papers
2139, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Clarida, R. & Gali, J. & Gertler, M., 1999.
"The Science of Monetary Policy: A New Keynesian Perspective ,"
Working Papers
99-13, C.V. Starr Center for Applied Economics, New York University.
[Downloadable!] Richard Clarida & Jordi Galí & Mark Gertler, 1997.
"The Science of Monetary Policy: A New Keynesian Perspective ,"
Economics Working Papers
356, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 1999.
[Downloadable!] Richard Clarida & Jordi Gali & Mark Gertler, 1999.
"The Science of Monetary Policy: A New Keynesian Perspective ,"
NBER Working Papers
7147, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Michael F. Bryan & Stephen G. Cecchetti, 1993.
"The consumer price index as a measure of inflation ,"
Economic Review ,
Federal Reserve Bank of Cleveland, issue Q IV, pages 15-24.
[Downloadable!]
Other versions: Michael F. Bryan & Stephen G. Cecchetti, 1994.
"Measuring Core Inflation ,"
NBER Chapters ,
in: Monetary Policy, pages 195-219
National Bureau of Economic Research, Inc.
[Downloadable!]
Other versions: Michael F. Bryan & Stephen G. Cecchetti & Rodney L. Wiggins II, 1997.
"Efficient Inflation Estimation ,"
NBER Working Papers
6183, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Aoki, Kosuke, 2001.
"Optimal monetary policy responses to relative-price changes ,"
Journal of Monetary Economics ,
Elsevier, vol. 48(1), pages 55-80, August.
[Downloadable!] (restricted)
Danny Quah & Shaun Vahey, .
"Measuring Core Inflation ,"
Bank of England working papers
31, Bank of England.
Other versions:
Danny Quah & Danny Quah & Shaun P. Vahey, 1995.
"Measuring Core Inflation ,"
CEP Discussion Papers
dp0254, Centre for Economic Performance, LSE.
Quah, Danny, 1995.
"Measuring Core Inflation ,"
CEPR Discussion Papers
1153, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Quah, Danny & Vahey, Shaun P, 1995.
"Measuring Core Inflation? ,"
Economic Journal ,
Royal Economic Society, vol. 105(432), pages 1130-44, September.
[Downloadable!] (restricted) Andrea Brischetto & Anthony Richards, 2006.
"The Performance of Trimmed Mean Measures of Underlying Inflation ,"
RBA Research Discussion Papers
rdp2006-10, Reserve Bank of Australia.
[Downloadable!]
Cogley, Timothy, 2002.
"A Simple Adaptive Measure of Core Inflation ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 34(1), pages 94-113, February.
Other versions: Diewert, W.E., 1995.
"On the Stochastic Approach to Index Numbers ,"
UBC Departmental Archives
95-31, UBC Department of Economics.
Mick Silver, 2007.
"Core Inflation: Measurement and Statistical Issues in Choosing Among Alternative Measures ,"
IMF Staff Papers ,
Palgrave Macmillan Journals, vol. 54(1), pages 163-190, May.
[Downloadable!] (restricted)
Robert Rich & Charles Steindel, 2007.
"A comparison of measures of core inflation ,"
Economic Policy Review ,
Federal Reserve Bank of New York, issue Dec, pages 19-38.
[Downloadable!]
Glenn D. Rudebusch, 2002.
"Assessing Nominal Income Rules for Monetary Policy with Model and Data Uncertainty ,"
Economic Journal ,
Royal Economic Society, vol. 112(479), pages 402-432, April.
[Downloadable!] (restricted)
Other versions: Jushan Bai & Pierre Perron, 1998.
"Estimating and Testing Linear Models with Multiple Structural Changes ,"
Econometrica ,
Econometric Society, vol. 66(1), pages 47-78, January.
Other versions:
Perron, P. & Bai, J., 1995.
"Estimating and Testing Linear Models with Multiple Structural Changes ,"
Cahiers de recherche
9552, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
Perron, P. & Bai, J., 1995.
"Estimating and Testing Linear Models with Multiple Structural Changes ,"
Cahiers de recherche
9552, Universite de Montreal, Departement de sciences economiques.
[Downloadable!] Marvin Goodfriend & Robert King, 1997.
"The New Neoclassical Synthesis and the Role of Monetary Policy ,"
NBER Chapters ,
in: NBER Macroeconomics Annual 1997, Volume 12, pages 231-296
National Bureau of Economic Research, Inc.
[Downloadable!]
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