Evaluating core inflation measures: A statistical inference approach

We propose a framework for consistently evaluating core inflation measures via a straightforward application of sound statistical inference principles. Under this framework, inflation measures (both headline and core) are regarded as estimators tracking the economy’s true, unobserved inflation rate....

Full description

Bibliographic Details
Published in:Latin American Journal of Central Banking
Main Authors: Juan Carlos Castañeda, Rodrigo Chang
Format: Article
Language:English
Published: Elsevier 2023-12-01
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2666143823000200