Forecasting annual inflation with power transformations : the case of inflation targeting countries
Borradores de Economía; No. 756
Date published
2013-02-06Date of last update
2013-02-06Document language
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
Abstract
This paper investigates whether transforming the Consumer Price Index with a class of power transformations lead to an improvement of inflation forecasting accuracy. We use one of the prototypical models to forecast short run inflation which is known as t
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https://repositorio.banrep.gov.co/handle/20.500.12134/5896https://hdl.handle.net/20.500.12134/5896
https://doi.org/10.32468/be.756
https://ideas.repec.org/p/bdr/borrec/756.html
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