Forecasting inflation in China
Mehrotra, Aaron; Sánchez-Fung, José R. (15.04.2008)
Numero
2/2008Julkaisija
Bank of Finland
2008
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408072057Tiivistelmä
This paper forecasts inflation in China over a 12-month horizon. The analysis runs 15 alternative models and finds that only those considering many predictors via a principal component display a better relative forecasting performance than the univariate benchmark.
Julkaisuhuomautus
Published in China Economic Journal, Vol. 1, No. 3, 2008, 317-322