Evaluating core inflation measures in Brazil

This paper evaluates four core inflation indicators used by the Central Bank of Brazil; that is, the exclusion indicator, the exclusion ex2 indicator, the smoothed trimmed mean and the double weight indicator. Econometric time series models were used to assess the unbiasedness, the dynamic adjustmen...

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Bibliographic Details
Main Authors: Cristiano Santos, Ivan Castelar
Format: Article
Language:Portuguese
Published: Universidade de São Paulo 2016-03-01
Series:Economia Aplicada
Subjects:
Online Access:http://www.revistas.usp.br/ecoa/article/view/111677