Forecasting Thailand's Core Inflation:
Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: Sun, Tao (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 2004
Schriftenreihe:IMF Working Papers Working Paper No. 04/90
Links:http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
http://elibrary.imf.org/view/IMF001/02572-9781451851427/02572-9781451851427/02572-9781451851427.xml
Abstract:This paper develops an approach for forecasting in Thailand core inflation. The key innovation is to anchor the projections derived from the short-term time-series properties of core inflation to its longer-run evolution. This involves combining a short-term model, which attempts to distill the forecasting power of a variety of monthly indicators purely on goodness-of-fit criteria, with an equilibrium-correction model that pins down the convergence of core inflation to its longer-run structural determinants. The result is a promising model for forecasting Thai core inflation over horizons up to 10, 24, and 55 months, based on a root mean-squared error criterion as well as a mean absolute error criterion
Umfang:1 Online-Ressource (28 p)
ISBN:1451851421
9781451851427