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An Indicator Model of Core Inflation in Canada

Author

Listed:
  • Lamy, R.
  • Rochon, P.

Abstract

This paper presents an indicator, or non-structural model of inflation in Canada that provides forecasts up to four quarters ahead. Our indicator model is not based on a tight theoretical foundation, but it incorporates most of the factors that are thought to cause inflation. The model also includes a leading index of inflation.

Suggested Citation

  • Lamy, R. & Rochon, P., 1996. "An Indicator Model of Core Inflation in Canada," Working Papers-Department of Finance Canada 1996-1, Department of Finance Canada.
    • Handle: RePEc:fca:wpfnca:1996-1
    as

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    More about this item

    Keywords

    FINANCIAL POLICY; INFLATION;

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes

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