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Core inflation: a review of some conceptual issues

Mark Wynne

No 9903, Working Papers from Federal Reserve Bank of Dallas

Abstract: This paper reviews various approaches to the measurement of core inflation that have been proposed in recent years. The objective is to determine whether the European Central Bank (ECB) should pay special attention to one or other of these measures in assessing inflation developments in the euro area. I put particular emphasis on the conceptual and practical problems that arise in the measurement of core inflation, and propose some criteria that could be used by the ECB to choose a core inflation measure.

JEL-codes: C43 E31 (search for similar items in EconPapers)
Pages: 30 pages
Date: 1999
New Economics Papers: this item is included in nep-mon
Note: Wynne, Mark A. (2008), "Core Inflation: A Review of Some Conceptual Issues," Federal Reserve Bank of St. Louis Review 90 (3, Part 2): 205-228.
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