Evaluating underlying inflation measures for Russia

被引：2

作者：

Deryugina, Elena ^{[1
]}

Ponomarenko, Alexey ^{[1
]}

Sinyakov, Andrey ^{[1
]}

Sorokin, Constantine ^{[2
]}

机构：

[1] Bank Russia, Res & Forecasting Dept, Moscow, Russia

[2] NRU HSE, Dept Math, Moscow, Russia

来源：

MACROECONOMICS AND FINANCE IN EMERGING MARKET ECONOMIES | 2018年 / 11卷 / 02期

关键词：

Underlying inflation; core inflation; monetary inflation; dynamic factor model; Russia;

D O I：

10.1080/17520843.2017.1301511

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We apply several tests to the underlying inflation measures used in practice by central banks and/or proposed in the academic literature in an attempt to find the best-performing indicators. We find that although there is no single best measure of underlying inflation, indicators calculated on the basis of dynamic factor models are generally among the best performers. These best performers not only outdid the simpler traditional underlying indicators (trimmed and exclusion-based measures) but also proved to be economically meaningful and interpretable.

引用

页码：124 / 145

页数：22

共 50 条

[41] Nonstandard Forms and Measures of Employment and Unemployment in Transition: A Comparative Study of Estonia, Romania, and Russia
Brown, J.
Earle, John
Gimpelson, Vladimir
Kapeliushnikov, Rostislav
Lehmann, Hartmut
Telegdy, Almos
Vantu, Irina
Visan, Ruxandra
Voicu, Alexandru
COMPARATIVE ECONOMIC STUDIES, 2006, 48 (03) : 435 - 457
[42] The Law Enforcement System and Repressive Penal Measures of White Russia during Civil War
Medvedev, V. G.
NOVEISHAYA ISTORIYA ROSSII-MODERN HISTORY OF RUSSIA, 2019, 9 (03): : 556 - 579
[43] Anti-crisis measures or structural reforms: Russia's economic policy in 2015
Mau, Vladimir
VOPROSY EKONOMIKI, 2016, (02): : 5 - 33
[44] Nonstandard Forms and Measures of Employment and Unemployment in Transition: A Comparative Study of Estonia, Romania, and Russia
J David Brown
John S Earle
Vladimir Gimpelson
Rostislav Kapeliushnikov
Hartmut Lehmann
Álmos Telegdy
Irina Vantu
Ruxandra Visan
Alexandru Voicu
Comparative Economic Studies, 2006, 48 (3) : 435 - 457
[45] Russia's strategy for influence through public diplomacy and active measures: the Swedish case
Kragh, Martin
Asberg, Sebastian
JOURNAL OF STRATEGIC STUDIES, 2017, 40 (06) : 773 - 816
[46] Quantity Measures of Quality in Higher Education in Russia. How Information Technologies Can Help?
Bagrova, Ekaterina V.
Kruchinin, Sergei V.
Nazarenko, Maxim A.
2018 IEEE INTERNATIONAL CONFERENCE QUALITY MANAGEMENT, TRANSPORT AND INFORMATION SECURITY, INFORMATION TECHNOLOGIES (IT&QM&IS), 2018, : 557 - 560
[47] The Redistributive Impact of Restrictive Measures on EU Members: Winners and Losers from Imposing Sanctions on Russia
Giumelli, Francesco
JCMS-JOURNAL OF COMMON MARKET STUDIES, 2017, 55 (05) : 1062 - 1080
[48] Applying Apriori Rules Mining in Evaluating Digital Government Services Patronization by a Younger Generation of Users in Russia
Agbozo, Ebenezer
TEM JOURNAL-TECHNOLOGY EDUCATION MANAGEMENT INFORMATICS, 2019, 8 (04): : 1207 - 1212
[49] Dual scale trend analysis for evaluating climatic and anthropogenic effects on the vegetated land surface in Russia and Kazakhstan
de Beurs, K. M.
Wright, C. K.
Henebry, G. M.
ENVIRONMENTAL RESEARCH LETTERS, 2009, 4 (04):
[50] New intergovernmentalism meets EU sanctions policy: the European Council orchestrates the restrictive measures imposed against Russia
Szep, Viktor
JOURNAL OF EUROPEAN INTEGRATION, 2020, 42 (06) : 855 - 871

← 1 2 3 4 5 →