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Introduction
Methodology and Data
Properties of Inflation
Forecastability of Inflation
Conclusion
Appendix A: Data Description and Sources
Appendix B: Simple Measures of Inflation Behaviour
Appendix C: Parameter Estimates
Appendix D: Inflation and its Permanent Component
Appendix E: Cross-country Estimates σ_ε
Appendix F: GDP Growth Statistics
References

RDP 2009-06: Inflation Volatility and Forecast Accuracy Appendix D: Inflation and its Permanent Component

Jamie Hall and Jarkko Jääskelä

October 2009

Download the Paper

Figure D1: Inflation and its Permanent Component

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