Core inflation: a review of some conceptual issues

Mark Wynne ()

Review, 2008, issue May, pages 205-228

Abstract: This paper reviews various approaches to the measurement of core inflation that have been proposed over the years using the stochastic approach to index numbers as a unifying framework. It begins with a review of how the concept of core inflation is used by the world’s major central banks, including some of the inflation-targeting central banks. The author provides a comprehensive review of many of the measures of core inflation that have been developed over the years and highlights some of the conceptual and practical problems associated with them.

Keywords: Inflation; (Finance) (search for similar items in EconPapers)
Date: 2008
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Related works:
Working Paper: Core inflation: a review of some conceptual issues (1999)
Working Paper: Core inflation: a review of some conceptual issues (1999)
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Persistent link: http://EconPapers.repec.org/RePEc:fip:fedlrv:y:2008:i:may:p:205-228:n:v.90no.3,pt.2

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