Hidden Bibliographic Details
Other authors / contributors: | Wescott, Robert F.
International Monetary Fund. European I Department.
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ISBN: | 1451893310 9781451893311
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Notes: | Includes bibliographical references (pages 30-31). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | Monetary policymakers in advanced transition economies such as Poland are increasingly interested in how inflation responds to changes in policy instruments and other economic forces. In this paper, measures of underlying CPI inflation based upon optimal trimming concepts are developed. The sensitivity of these CPI measures to changes in a set of 25 policy and economic variables is then studied via Granger causality tests and impulse responses and a multivariate model of CPI inflation developed. The results show that a core set of variables characterize one-period-ahead underlying inflation moderately well but that statistical linkages are not yet robust.
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Other form: | Print version: Christoffersen, Peter F. Is Poland ready for inflation targeting?. [Washington, D.C.] : International Monetary Fund, European I Dept., ©1999
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Standard no.: | 10.5089/9781451893311.001
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