Forecasting UK inflation: the roles of structural breaks and time disaggregation
<p style="text-align:justify;"> Structural models` inflation forecasts are often inferior to those of naive devices. This chapter theoretically and empirically assesses this for UK annual and quarterly inflation, using the theoretical framework in Clements and Hendry (1998, 1999). F...
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| Format: | Working paper |
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Department of Economics
2007
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