Since 2014
Triple-Filter core inflation: a measure of the inflation trajectory
Revista Brasileira de Economia
View Archive Info| Field | Value | |
| Title |
Triple-Filter core inflation: a measure of the inflation trajectory
|
|
| Creator |
Ferreira, Pedro Costa; Instituto Brasileiro de Economia (IBRE - FGV)
Mattos, Daiane Marcolino de; FGV/IBRE Ardeo, Vagner Laerte; FGV/IBRE |
|
| Subject |
CPI, core inflation, smoothed trimmed mean, moving average, seasonal adjustment
|
|
| Description |
In countries with high inflation, as is the case of Brazil, the traditional cores inflation do not seem to deliver much information about the general level of prices. Therefore, we present a new measure, the Triple-Filter core inflation, which filters inflation in three ways: trimmed mean with smoothed items, seasonal adjustment and moving averages. The results allow us to say that the Triple-Filter core inflation, in addition to providing more information about the inflation trajectory than traditional core inflation, provides a more up-to-date view on the state of inflation than the accumulated inflation over 12 months.
|
|
| Publisher |
Escola de Pós-Graduação em Economia da FGV
|
|
| Contributor |
—
|
|
| Date |
2017-12-22
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Articles Artigos |
|
| Format |
application/pdf
|
|
| Identifier |
http://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/64704
|
|
| Source |
Revista Brasileira de Economia; v. 71, n. 4 (2017): OUT-DEZ; 397-411
Revista Brasileira de Economia; v. 71, n. 4 (2017): OUT-DEZ; 397-411 1806-9134 0034-7140 |
|
| Language |
eng
|
|
| Relation |
http://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/64704/70393
|
|
| Rights |
Direitos autorais 2017 Revista Brasileira de Economia
|
|