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Bank of Canada RSS Feedsen2024-03-29T09:43:17+00:00Forecasting Inflation with the M1-VECM: Part Two
https://www.bankofcanada.ca/1998/04/working-paper-1998-6/
A central bank's main concern is the general direction of future inflation, and not transitory fluctuations of the inflation rate. As a result, this paper is concerned with forecasting a simple measure of the trend of inflation, the eight-quarter CPI-inflation rate. The primary objective is to improve the M1-based vector-error-correction model (VECM) developed by Hendry […]1998-04-07T08:52:06+00:00enForecasting Inflation with the M1-VECM: Part Two1998-04-07Economic modelsInflation and pricesMonetary aggregatesWorking Paper 1998-6 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp98-6.pdfForecasting Inflation with the M1-VECM: Part TwoWalter EngertScott HendryApril 1998CC3C5EE3E4E5