Search: PCE

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RBA Glossary definition for PCE

PCE – Personal Consumption Expenditure

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Lessons of the Crisis

10 Dec 2014 RDP 2014-02
Peter Tulip
the measurement bias in the PCE price series, σ is the standard deviation of the unemployment rate, and the coefficient 22 is chosen so as to minimise the loss at point ... difference between CPI inflation and PCE inflation.
https://www.rba.gov.au/publications/rdp/2014/2014-02/lessons-crisis.html

Modelling Countercyclical Fiscal Policy

10 Dec 2014 RDP 2014-02
Peter Tulip
t. is the four-quarter percentage change in core PCE prices, π.
https://www.rba.gov.au/publications/rdp/2014/2014-02/modelling-countercyclical-fiscal-policy.html