| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5055305 | Economic Modelling | 2012 | 9 Pages |
Abstract
⺠We evaluate the role of using CPI disaggregated data to improve inflation forecasts. ⺠We employ a factor model using the CPI components for Mexico. ⺠The factor model outperforms the benchmark model at all forecast horizons. ⺠Using disaggregated price data improves forecasting performance. ⺠The best model performs as well as the forecasts from the survey of experts.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Raul Ibarra,