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The information content of the Reserve Bank of Australia's inflation forecasts

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  • George B. Tawadros

Abstract

In this article, the inflation forecasts produced by the Reserve Bank of Australia (RBA) and that generated by private forecasters, are used to assess whether the Reserve Bank possesses information about inflation that the private sector does not have. The results show that the Reserve Bank inflation forecasts embody useful predictive information about inflation, beyond that contained in private forecasts, over the recent inflation targeting period.

Suggested Citation

  • George B. Tawadros, 2013. "The information content of the Reserve Bank of Australia's inflation forecasts," Applied Economics, Taylor & Francis Journals, vol. 45(5), pages 623-628, February.
    • Handle: RePEc:taf:applec:45:y:2013:i:5:p:623-628
    DOI: 10.1080/00036846.2011.608646
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