The views expressed here are those of the authors and do not necessarily reflect those of the Federal Reserve Bank of Philadelphia or of the Federal Reserve System. This paper revises a portion of Crone et al. (2008), which contains additional results, and updates and expands on Khettry and Mester (2006, revised 2007). We thank Tom Stark for helpful comments and suggestions on comparing the accuracy of different forecast models, seminar participants at the European Central Bank-Center on Financial Studies-Bundesbank Joint Seminar, and two anonymous referees for helpful comments, and Sally Burke for editorial assistance.
Core Measures of Inflation as Predictors of Total Inflation
Version of Record online: 17 MAR 2013
© 2013 The Ohio State University
Journal of Money, Credit and Banking
Volume 45, Issue 2-3, pages 505–519, March-April 2013
How to Cite
CRONE, T. M., KHETTRY, N. N. K., MESTER, L. J. and NOVAK, J. A. (2013), Core Measures of Inflation as Predictors of Total Inflation. Journal of Money, Credit and Banking, 45: 505–519. doi: 10.1111/jmcb.12013
- Issue online: 17 MAR 2013
- Version of Record online: 17 MAR 2013
- Received July 9, 2008; and accepted in revised form February 15, 2012.
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