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...

תיאור מלא

מידע ביבליוגרפי
Main Authors: Castle, J, Hendry, D
פורמט: Working paper
יצא לאור: Department of Economics 2007