Forecasting annual inflation with power transformations : the case of inflation targeting countries

This paper investigates whether transforming the Consumer Price Index with a class of power transformations lead to an improvement of inflation forecasting accuracy. We use one of the prototypical models to forecast short run inflation which is known as t

Detalles Bibliográficos
Autores Principales: Zárate-Solano, Hector Manuel, Rengifo-Gómez, Angélica
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2013
Acceso en línea: