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...

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Hlavní autoři: Aron, J, Muellbauer, J, Pretorius, C
Médium: Working paper
Jazyk:English
Vydáno: CSAE (University of Oxford) 2004