In search of a robust inflation forecast
AbstractIt is difficult to consistently improve upon forecasts of inflation based solely on the most recent data on inflation. In this article, we show how to do so. Our main finding is that the most robust forecasts combine information from several different forecasting models, each of which incorporates the information in the available inflation indicators in different ways.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Chicago in its journal Economic Perspectives.
Volume (Year): (2004)
Issue (Month): Q IV ()
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