Journal Article
Will moderating growth reduce inflation?
Abstract: A much debated question among economists is the usefulness of the Phillips curve as a tool for forecasting inflation. This Economic Letter presents some quantitative comparisons between a Phillips curve-based inflation forecast and an alternative forecast that is constructed as a weighted moving average of past observed rates of inflation.
Keywords: Inflation (Finance); Economic forecasting; Phillips curve;
Access Documents
File(s): File format is text/html http://www.frbsf.org/publications/economics/letter/2006/el2006-37.html
File(s): File format is application/pdf http://www.frbsf.org/publications/economics/letter/2006/el2006-37.pdf
Authors
Bibliographic Information
Provider: Federal Reserve Bank of San Francisco
Part of Series: FRBSF Economic Letter
Publication Date: 2006
Order Number: 37