Join our mailing list!
(Your shopping cart is empty)
Diane Publishing Books
PCE and CPI Inflation Differentials: Converting Inflation Forecasts: A Reprint from the “Economic Review”
Craig S. Hakkio (au)
The Fed. Reserve will release quarterly inflation forecasts based on the Personal Consumption Expenditure (PCE) Price Index, which is thought to be the single most comprehensive and compelling measure of consumer prices. However, no single measure of inflation is perfect, and the Commission will continue to monitor a range of measures when forming its view about inflation prospects, including the Consumer Price Index (CPI). But the inflation differentials for the two measures can change significantly over time. To convert between CPI and PCE inflation projections, economists must construct statistical models to explain and predict the inflation differentials. Hakkio estimates a set of models that analysts can use to make such conversions.
Assassin: From Lincoln to Gandhi
Japanese Experience: A Short History of Japan
American Short Story, 1945-1980: A Critical History
Secret World of the Spy: Stories of Espionage, Deception & Discovery
Share your knowledge of this product with other customers...
Be the first to write a review
Diane Publishing Co
PO Box 617
Darby, PA 19023-0617
Become an Affiliate
Send Us Feedback
Copyright ï¿½ 2004 Diane Publishing Company. All Rights Reserved.