01803cas a2200241 a 4500 AALejournalIMF004109 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451863574 1018-5941 BD-DhAAL BD-DhAAL Silver, Mick. Core Inflation Measures and Statistical Issues in Choosing Among Them / Mick Silver. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (58 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper provides an overview of statistical measurement issues relating to alternative measures of core inflation, and the criteria for choosing among them. The approaches to measurement considered include exclusion-based methods, imputation methods, limited influence estimators, reweighting, and economic modeling. Criteria for judging which approach to use include credibility, control, deviations from a smoothed reference series, volatility, predictive ability, causality and cointegration tests, and correlation with money supply. Country practice can differ in how the approaches are implemented and how their appropriateness is assessed. There is little consistency in the results of country studies to readily suggest guidelines on accepted methods. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2006/097 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/097/001.2006.issue-097-en.xml IMF e-Library