A Framework for Forecasting the Components of the Consumer Price Index: application to South Africa.

Inflation is a far from homogeneous phenomenon, but this fact is ignored in most work on consumer price inflation. Using a novel methodology grounded in theory, the ten sub-components of the consumer price index (excluding mortgage interest rates, or CPIX) for South Africa are modeled separately and...

Descrición completa

Detalles Bibliográficos
Main Authors: Aron, J, Muellbauer, J, Pretorius, C
Formato: Working paper
Idioma:English
Publicado: CSAE (University of Oxford) 2004