A brief analysis of aggregate measures as an alternative to the median at Central Bank of Brazil's Survey of Professional Forecasts

Artikel

This paper presents a brief analysis of representative measures of inflation expectations from Central Bank of Brazil's Survey of Professional Forecasts that are alternative to the median response. We build time series with the mode and core measures of inflation expectations from the panel of professional forecasts surveyed from January 2002 to September 2012. We compare them to the median response with respect to their predictive power in a 12-month-ahead horizon. We also compare the predictive power of the alternative measures with the realized core of consumer price inflation.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: EconomiA ; ISSN: 1517-7580 ; Volume: 14 ; Year: 2013 ; Issue: 2 ; Pages: 11-26 ; Amsterdam: Elsevier

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Applications ; Central Banks and Their Policies
• Thema: Inflation expectations ; Market forecasts ; Median ; Core inflation ; Trimmed core inflation ; Brazi

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): de Carvalho, Fabia A.
• Ereignis: Veröffentlichung
• (wer): Elsevier
• (wo): Amsterdam
• (wann): 2013

Weitere Informationen

• DOI: doi:10.1016/j.econ.2013.08.001
• Handle: http://hdl.handle.net/10419/179544
• Letzte Aktualisierung: 10.03.2025, 11:46 MEZ