Series: IMF Working Papers
Author(s): Tao Sun
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2004
Keywords: Core Inflation, cointegration, statistics, equation, Forecasting and Other Model Applications, Prices, Business Fluctuations, and Cycles: Forecasting and Simulation,
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 evo...