Working Paper
Monitoring core inflation
Abstract: An analysis of the use of limited-information estimators as measures of core inflation, showing that these estimators, such as the median of the cross-sectional distribution of inflation, have a higher correlation with past money growth and deliver improved forecasts of future inflation relative to the Consumer Price Index.
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https://fraser.stlouisfed.org/title/working-paper-federal-reserve-bank-cleveland-4494/monitoring-core-inflation-494590
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1993
Number: 9304