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Uma Breve Análise de Medidas Alternativas à Mediana na Pesquisa de Expectativas de Inflação do Banco Central do Brasil

Fabia Carvalho ()

No 264, Working Papers Series from Central Bank of Brazil, Research Department

Abstract: This note presents a brief analysis of representative measures of the forecasts surveyed by the Investor Relations and Special Studies Department at the Central Bank of Brazil, aside from the median forecast. We build time series of the core and mode of survey forecasts from January 2001 to December 2010, and compare their predictive power with median forecast and with the CPI core measure for the 12-month-ahead horizon.

Date: 2012-01
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