What has publishing inflation forecasts accomplished? Central banks and their competitors

Vol: 
7/2018
Author name: 
Siklos PL
Year: 
2018
Month: 
January
Abstract: 

This paper has examined the evolution of disagreement over the short-term inflation outlook in nine advanced economies during the decade and half beginning in the 2000s. The paper focuses on how disagreement is largely shaped by the benchmark against which this concept is evaluated and the role of potential shocks to the inflation process such as the global financial crisis.

Publication file: 

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