Measures of underlying inflation in Sri Lanka / prepared by Souvik Gupta and Magnus Saxegaard.

During the first half of 2008, Sri Lanka witnessed significantly higher inflation than most other emerging Asian countries. Inflation has since declined amid declining world commodity prices and tight monetary policy. Given the sensitivity to global commodity prices, a core inflation measure could b...

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Bibliographic Details
Main Authors: Gupta, Souvik (Author), Saxegaard, Magnus (Author)
Corporate Author: International Monetary Fund. Asia and Pacific Department
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, ©2009.
Series:IMF working paper ; WP/09/167.
Subjects:
Online Access:Click for online access

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245 1 0 |a Measures of underlying inflation in Sri Lanka /  |c prepared by Souvik Gupta and Magnus Saxegaard. 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c ©2009. 
300 |a 1 online resource (22 pages) :  |b color illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
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490 1 |a IMF working paper,  |x 2227-8885 ;  |v WP/09/167 
500 |a Title from PDF title page (viewed October 6, 2009). 
500 |a "August 2009." 
504 |a Includes bibliographical references. 
520 |a During the first half of 2008, Sri Lanka witnessed significantly higher inflation than most other emerging Asian countries. Inflation has since declined amid declining world commodity prices and tight monetary policy. Given the sensitivity to global commodity prices, a core inflation measure could be useful for monetary policy. The purpose of this paper is to compare the performance of Sri Lanka's existing official measure of core inflation against alternative measures. Our findings suggest that the existing measure does contain information about the future path of headline information, but may be inadequate as a communication tool for the Central Bank. 
506 |3 Use copy  |f Restrictions unspecified  |2 star  |5 MiAaHDL 
533 |a Electronic reproduction.  |b [Place of publication not identified] :  |c HathiTrust Digital Library,  |d 2011.  |5 MiAaHDL 
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505 0 |a I. Introduction; Figures; 1. Consumer Price Inflation; 2. Capacity Utilization; 3. Inflationary Pressure; II. Background; 4. Reserve Money and Credit; III. Alternative Measures of Core Inflation; A. Exclusion-based Methods; 5. Exclusion Based Measure of Core Inflation; B. Limited Influence Estimators; C. Reweighing the CPI; 6. Trimmed Mean Inflation; 7. Root Mean Squared Errors of Alternative Trimmed Mean Measures; D. Model-based Methods; 8. Persistence Weighted Measure of Core Inflation; IV. Conditions to Evaluate Measures of Core Inflation; 9. Quah-Vahey Measure of Core Inflation 
505 8 |a A. Marques et al. (2004) TestsV. Results; Tables; 1. Evaluation of Measures of Core Inflation; VI. Concluding Remarks; References 
546 |a English. 
650 0 |a Inflation (Finance)  |z Sri Lanka. 
650 0 |a Monetary policy  |z Sri Lanka. 
650 7 |a Inflation (Finance)  |2 fast 
650 7 |a Monetary policy  |2 fast 
651 7 |a Sri Lanka  |2 fast 
700 1 |a Saxegaard, Magnus,  |e author. 
710 2 |a International Monetary Fund.  |b Asia and Pacific Department. 
758 |i has work:  |a Measures of underlying inflation in Sri Lanka (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCFwMB8GrdtcjC8KKhWGJpd  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Gupta, Souvik.  |t Measures of underlying inflation in Sri Lanka.  |d [Washington, D.C.] : International Monetary Fund, ©2009  |w (OCoLC)608307703 
830 0 |a IMF working paper ;  |v WP/09/167. 
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