Has core inflation been doing a good job in Brazil?
This paper assesses the performance of the core inflation measures calculated by the Brazilian Central Bank (BCB). The evidence shows that they do not meet some key statistical criteria that a good core inflation measure should have: unbiasedness and the ability to forecast inflation. That performan...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Fundação Getúlio Vargas
2011-06-01
|
| Series: | Revista Brasileira de Economia |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402011000200005&lng=en&tlng=en |