P-Star as an Indicator of Inflationary Pressure:

The P-star approach has been developed by the U.S. Federal Reserve as a new indicator of inflationary pressures. This paper assesses its usefulness for 20 OECD Member countries. Regression results are presented and in-sample tracking ability and forecasting performance of the equations are compared...

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Bibliographische Detailangaben
1. Verfasser: Hoeller, Peter (VerfasserIn)
Weitere Verfasser: Poret, Pierre (MitwirkendeR)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Paris OECD Publishing 1991
Schriftenreihe:OECD Economics Department Working Papers no.101
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Zusammenfassung:The P-star approach has been developed by the U.S. Federal Reserve as a new indicator of inflationary pressures. This paper assesses its usefulness for 20 OECD Member countries. Regression results are presented and in-sample tracking ability and forecasting performance of the equations are compared to rival inflation models and official OECD projections ...
Beschreibung:1 Online-Ressource (40 p.) 21 x 29.7cm.
DOI:10.1787/821307064337

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