Working paper icon

Working paper

Multi-sector inflation forecasting – quarterly models for South Africa.

Abstract:

Inflation is a far from homogeneous phenomenon, a fact often neglected in modeling consumer price inflation. Using a novel methodology grounded in theory, the ten sub-components of the consumer price index (excluding mortgage interest rates), are modeled separately and forecast, four-quarters-ahead. Equilibrium correction models in a rich multivariate form employ general and sectoral information, and take account of structural breaks and institutional changes. Our methods allow for longer lag...

Expand abstract

Actions


Access Document


Files:

Authors


Volume:
WPS/2008-27
Series:
Working Paper Series
Publication date:
2008-01-01
URN:
uuid:bf845397-010e-4c5b-b8b4-2d76b7be1be4
Local pid:
oai:economics.ouls.ox.ac.uk:13193
Language:
English

Terms of use


Metrics


Views and Downloads






If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP