Triple-Filter core inflation: a measure of the inflation trajectory

Detalhes bibliográficos
Autor(a) principal: Ferreira, Pedro Costa
Data de Publicação: 2017
Outros Autores: Mattos, Daiane Marcolino de, Ardeo, Vagner Laerte
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista Brasileira de Economia (Online)
Texto Completo: https://periodicos.fgv.br/rbe/article/view/64704
Resumo: In countries with high inflation, as is the case of Brazil, the traditional cores inflation do not seem to deliver much information about the general level of prices. Therefore, we present a new measure, the Triple-Filter core inflation, which filters inflation in three ways: trimmed mean with smoothed items, seasonal adjustment and moving averages. The results allow us to say that the Triple-Filter core inflation, in addition to providing more information about the inflation trajectory than traditional core inflation, provides a more up-to-date view on the state of inflation than the accumulated inflation over 12 months.
id FGV-8_b8393c9bdc804324570d588ebae5aa73
oai_identifier_str oai:ojs.periodicos.fgv.br:article/64704
network_acronym_str FGV-8
network_name_str Revista Brasileira de Economia (Online)
repository_id_str
spelling Triple-Filter core inflation: a measure of the inflation trajectoryCPIcore inflationsmoothed trimmed meanmoving averageseasonal adjustmentIn countries with high inflation, as is the case of Brazil, the traditional cores inflation do not seem to deliver much information about the general level of prices. Therefore, we present a new measure, the Triple-Filter core inflation, which filters inflation in three ways: trimmed mean with smoothed items, seasonal adjustment and moving averages. The results allow us to say that the Triple-Filter core inflation, in addition to providing more information about the inflation trajectory than traditional core inflation, provides a more up-to-date view on the state of inflation than the accumulated inflation over 12 months.EGV EPGE2017-12-22info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArticlesArtigosapplication/pdfhttps://periodicos.fgv.br/rbe/article/view/64704Revista Brasileira de Economia; Vol. 71 No. 4 (2017): OUT-DEZ; 397-411Revista Brasileira de Economia; v. 71 n. 4 (2017): OUT-DEZ; 397-4111806-91340034-7140reponame:Revista Brasileira de Economia (Online)instname:Fundação Getulio Vargas (FGV)instacron:FGVenghttps://periodicos.fgv.br/rbe/article/view/64704/70393Copyright (c) 2017 Revista Brasileira de Economiainfo:eu-repo/semantics/openAccessFerreira, Pedro CostaMattos, Daiane Marcolino deArdeo, Vagner Laerte2017-12-22T13:13:55Zoai:ojs.periodicos.fgv.br:article/64704Revistahttps://periodicos.fgv.br/rbe/https://periodicos.fgv.br/rbe/oai||rbe@fgv.br1806-91340034-7140opendoar:2024-03-06T13:03:45.366359Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)true
dc.title.none.fl_str_mv Triple-Filter core inflation: a measure of the inflation trajectory
title Triple-Filter core inflation: a measure of the inflation trajectory
spellingShingle Triple-Filter core inflation: a measure of the inflation trajectory
Ferreira, Pedro Costa
CPI
core inflation
smoothed trimmed mean
moving average
seasonal adjustment
title_short Triple-Filter core inflation: a measure of the inflation trajectory
title_full Triple-Filter core inflation: a measure of the inflation trajectory
title_fullStr Triple-Filter core inflation: a measure of the inflation trajectory
title_full_unstemmed Triple-Filter core inflation: a measure of the inflation trajectory
title_sort Triple-Filter core inflation: a measure of the inflation trajectory
author Ferreira, Pedro Costa
author_facet Ferreira, Pedro Costa
Mattos, Daiane Marcolino de
Ardeo, Vagner Laerte
author_role author
author2 Mattos, Daiane Marcolino de
Ardeo, Vagner Laerte
author2_role author
author
dc.contributor.author.fl_str_mv Ferreira, Pedro Costa
Mattos, Daiane Marcolino de
Ardeo, Vagner Laerte
dc.subject.por.fl_str_mv CPI
core inflation
smoothed trimmed mean
moving average
seasonal adjustment
topic CPI
core inflation
smoothed trimmed mean
moving average
seasonal adjustment
description In countries with high inflation, as is the case of Brazil, the traditional cores inflation do not seem to deliver much information about the general level of prices. Therefore, we present a new measure, the Triple-Filter core inflation, which filters inflation in three ways: trimmed mean with smoothed items, seasonal adjustment and moving averages. The results allow us to say that the Triple-Filter core inflation, in addition to providing more information about the inflation trajectory than traditional core inflation, provides a more up-to-date view on the state of inflation than the accumulated inflation over 12 months.
publishDate 2017
dc.date.none.fl_str_mv 2017-12-22
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Articles
Artigos
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://periodicos.fgv.br/rbe/article/view/64704
url https://periodicos.fgv.br/rbe/article/view/64704
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://periodicos.fgv.br/rbe/article/view/64704/70393
dc.rights.driver.fl_str_mv Copyright (c) 2017 Revista Brasileira de Economia
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2017 Revista Brasileira de Economia
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv EGV EPGE
publisher.none.fl_str_mv EGV EPGE
dc.source.none.fl_str_mv Revista Brasileira de Economia; Vol. 71 No. 4 (2017): OUT-DEZ; 397-411
Revista Brasileira de Economia; v. 71 n. 4 (2017): OUT-DEZ; 397-411
1806-9134
0034-7140
reponame:Revista Brasileira de Economia (Online)
instname:Fundação Getulio Vargas (FGV)
instacron:FGV
instname_str Fundação Getulio Vargas (FGV)
instacron_str FGV
institution FGV
reponame_str Revista Brasileira de Economia (Online)
collection Revista Brasileira de Economia (Online)
repository.name.fl_str_mv Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)
repository.mail.fl_str_mv ||rbe@fgv.br
_version_ 1798943115274354688

Registros relacionados