INFLATION AND COMPETITIVENESS, A VAR MODELLING APPROACH
VAR modeling in inflation forecasting has been widely used, and rathersuccessful, even if there have been several critiques of its exactness oraccuracy. This paper is structured into two sections. The first oneaccomplishes a general presentation of VAR modeling in forecastinginflation, and the secon...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universitaria Press Craiova
2010-01-01
|
| Series: | Management & Marketing |
| Subjects: | |
| Online Access: | http://www.mnmk.ro/documents/2010ed2/24_C%20Fratostiteanu%20FFF.pdf |
| Summary: | VAR modeling in inflation forecasting has been widely used, and rathersuccessful, even if there have been several critiques of its exactness oraccuracy. This paper is structured into two sections. The first oneaccomplishes a general presentation of VAR modeling in forecastinginflation, and the second is focused on the results of this econometricapproach for inflation in Romania. Even if we considered methodologiescontaining inflation measured using CPI, CORE1 and CORE2, testing willonly be performed for the CPI Inflation. |
|---|---|
| ISSN: | 1841-2416 |