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dc.contributor.authorPincheira Brown, Pablo
dc.contributor.authorSelaive, Jorge
dc.contributor.authorNolazco Cama, José Luis
dc.contributor.otherNolazco Cama, José Luis
dc.date.accessioned2019-06-17T19:21:30Z
dc.date.available2019-06-17T19:21:30Z
dc.date.issued2019
dc.identifier.citationPincheira, Selaive, J. & Nolazco, J. L. (2019). Forecasting inflation in Latin America with core measures. International Journal of Forecasting, 35(3). https://doi.org/10.1016/j.ijforecast.2019.04.011es_PE
dc.identifier.issn0169-2070
dc.identifier.urihttps://hdl.handle.net/20.500.12724/8514
dc.descriptionIndexado en Scopuses_PE
dc.description.abstractWe explore the ability of core inflation to predict headline CPI annual inflation for a sample of eight developing economies in Latin America over the period January 1995–May 2017. Our in-sample and out-of-sample results are roughly consistent in providing robust evidence of predictability in four of the countries in our sample. Mixed evidence is found for the other four countries. The bulk of the out-of-sample evidence of predictability concentrates on the short horizons of one and six months. In contrast, at the longest horizon of 24 months, we only find out-of-sample evidence of predictability for two countries: Chile and Colombia, with robust results only for the latter. This is both important and challenging, given that the monetary authorities in our sample of developing countries are currently implementing or are taking steps toward the future implementation of inflation targeting regimes, which are based heavily on long-run inflation forecasts.es_PE
dc.language.isoenges_PE
dc.publisherUniversidad Adolfo Ibáñezes_PE
dc.relation.ispartofurn:issn:0169-2070
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.sourceUniversidad de Limaes_PE
dc.sourceRepositorio Institucional - Ulimaes_PE
dc.subjectProspectivaes_PE
dc.subjectInflaciónes_PE
dc.subjectProspectivees_PE
dc.subjectInflation (Finance)es_PE
dc.subjectAmérica Latinaes_PE
dc.subject.classificationCiencias empresariales y económicas / Economíaes_PE
dc.titleForecasting inflation in Latin America with core measureses_PE
dc.typeinfo:eu-repo/semantics/article
dc.type.otherArtículo en Scopuses_PE
ulima.areas.lineasdeinvestigacionDesarrollo empresarial / Finanzas y proyectos de inversiónes_PE
dc.identifier.journalInternational Journal of Forecastinges_PE
dc.publisher.countryCLes_PE
dc.description.peer-reviewRevisión por pareses_PE
dc.identifier.doihttps://doi.org/10.1016/j.ijforecast.2019.04.011
ulima.autor.afiliacionDepartment of Economics Universidad de Limaes_PE
ulima.autor.carreraEconomíaes_PE
dc.identifier.isni0000000121541816


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