THE TIME HORIZON OF THE INFLATION FORECAST AS A FACTOR ITS RELIABILITY
| Authors | |
|---|---|
| Year of publication | 2017 |
| Type | Article in Proceedings |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | inflation; prediction; time horizon; reliability |
| Attached files | |
| Description | The paper is devoted to the reliability of the CNB´s inflation forecast in relation to the forecast time horizon. The aim of the paper is to examine the causality between the reli ability of the CNB´s inflation prediction and the interval of the prediction. The article uses commonly available data published by the CNB and information from the literature. Methodology of the paper is based on the time series methods (correlation and regression) and trends analysis. The standard literary research, description, comparison and analytic-synthetic methods are used in this paper as well. Such as preliminary results they are expected the relationship between the CNB´s inflation prediction and its time horizon (still not explored). |
| Related projects: |