Core Inflation: A Review of Some Conceptual Issues
By Mark A. Wynne. Social Science Research Network, 2008
329 citations recorded by the source corpus.
This paper reviews various approaches to the measurement of core inflation that have been proposed in recent years. The objective is to determine whether the ECB should pay special attention to one or other of these measures in assessing inflation developments in the euro area. I put particular emphasis on the conceptual and practical problems that arise in the measurement of core inflation, and propose some criteria that could be used by the ECB to choose a core inflation measure. JEL Classification: C8, E0, E31
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/eab5962b5eb42ea768da8a20aca12f942cd25217
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Serena Ng
- Jushan Bai
- Mark W. Watson
- James H. Stock
- Todd E. Clark
- Liangjun Su
- Joakim Westerlund
- Domenico Giannone
In Finance
- Serena Ng
- Jushan Bai
- Todd E. Clark
- Luís Sarmento
- P. D. Neves
- C. R. Marques
- Mark W. Watson
- James H. Stock
Citations in the corpus
- Evaluating core inflation indicators (2003, methodology): “More recently, Wynne (1999) presented the following six criteria which, in his opinion, should be”
- Comparing measures of core inflation (2001, background): “…of price change that is common to all items and exclude changes in the relative prices of goods and services (Bryan and Cecchetti 1994; Cecchetti; Wynne 1997, 1999).2 Over time, the prices of individual goods and services generally rise along with the underlying trend of prices in the economy.”
- A PANIC Attack on Unit Roots and Cointegration (2004, background): “6For a discussion on this and related issues, see Clark (2001) and Wynne (1999).”