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Evaluating and Comparing the Methods of Measuring Core Inflation in Iran

Hooman Karami and Saeed Bayat
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Hooman Karami: Monetary and Banking Research Institute,
Saeed Bayat: Monetary and Banking Research Institute,

Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), 2013, vol. 6, issue 17, 83-103

Abstract: This paper reviews the methods of measuring core inflation and introduces several criteria for comparing the performance of these methods. Using CPI monthly data during 1990:3 to 2012:11, our results show that “trimmed mean” has the best performance among other methods. On the other hand, although the performance of “CPI

Date: 2013
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