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Book Cover
E-book
Author Lanau, Sergi

Title Explaining Inflation in Colombia
Published Washington, D.C. : International Monetary Fund, 2018

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Description 1 online resource (30 pages)
Contents Cover; Contents; ABSTRACT; I. INTRODUCTION; II. BACKGROUND AND RECENT DEVELOPMENTS; III. METHODOLOGY; IV. UNDERSTANDING INFLATION USING PHILLIPS CURVES; A. Top-Down Analysis of Headline and Core Inflation; B.A Bottom-Up Approach; V. FORECASTING INFLATION USING PHILLIPS CURVES; A. Model Evaluation: Pseudo Out-of-Sample Forecasts; B. Model Evaluation: Residuals; C. Inflation Forecasts; VI. CONCLUSION; FIGURES; 1. Key Components of CPI Basket; 2. Volatility of Tradable and Non-tradable Inflation; 3. Components of Non-Tradable Inflation; 4. Components of Regulated Prices
5. Scatter Plots of Output and Unemployment Gap against Headline and Core6. Reaction of Inflation to one Percentage Point Increase in Output Gap; 7. Real Minimum Wage Increases; 8. Reaction of Tradable Inflation to one Percentage Point Increase in Key; 9. Inflation of Education Costs in Latin America; 10. Pseudo-out-of-Sample Forecast Performance; 11. Pseudo-out-of-Sample Forecast Performance by Component; 12. Pseudo-out-of-Sample Forecast Performance by Component; 13. Baseline Inflation Forecast for 2018; 14. Tradable and Non-tradable Inflation Forecast for 2018; 15. Forecast Scenarios
TABLES1. Headline Inflation Specification; 2. Core Inflation Specification; 3. Phillips Curve in Colombia; ANNEX; I. Tables and Charts; References
Notes Print version record
Subject Unemployment -- Effect of inflation on.
Unemployment -- Effect of inflation on
Form Electronic book
Author Robles, Adrian
Toscani, Frederik G
ISBN 1484356330
9781484356333