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MBRI Journals

Journal of Money & Economy

AWT IMAGE

(رتبه علمی-پژوهشی)

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:: year 6, Issue 17 (fall 2013) ::
JMBR 2013, 6(17): 83-103 Back to browse issues page
Evaluating and Comparing the Methods of Measuring Core Inflation in Iran
Hooman Karami * 1, Saeed Bayat1
1- Monetary and Banking Research Institute,
Abstract:   (3285 Views)

This paper reviews the methods of measuring core inflation and introduces several criteria for comparing the performance of these methods. Using CPI monthly data during 1990:3 to 2012:11, our results show that “trimmed mean” has the best performance among other methods. On the other hand, although the performance of “CPI ex high volatile components” is not as good as trimmed mean, but this method is suitable for communication purposes of the policy maker.

Full-Text [PDF 541 kb]   (1668 Downloads)    
Type of Study: Empirical Study |
Received: 2014/11/27 | Accepted: 2014/11/27 | Published: 2014/11/27
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Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
year 6, Issue 17 (fall 2013) Back to browse issues page
فصلنامه پژوهش‌های پولی-بانکی Journal of Monetary & Banking Research
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