Some Issues in Modeling and Forecasting Inflation in South Africa.
Inflation targeting central banks will be hampered without good models to assist them to be forward-looking. Many current inflation models fail to forecast turning points adequately, because they miss key underlying long-run influences. The world is on the cusp of a dramatic turning point in inflati...
Hlavní autoři: | Aron, J, Muellbauer, J |
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Médium: | Working paper |
Jazyk: | English |
Vydáno: |
CSAE (University of Oxford)
2009
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