Performance metrics (error measures) are vital components of the evaluation frameworks in
various fields. The intention of this study was to overview of a variety of performance metrics …

Aim/Purpose: The aim of this study was to analyze various performance metrics and
approaches to their classification. The main goal of the study was to develop a new typology …

Abstract Theory and extant empirical evidence suggest that the cross-sectional asymmetry
across disaggregated price indexes might be useful in forecasting aggregate inflation …

We consider the operation of debt transfer in interbank networks. In particular, assuming a
financial system that is represented by a network of banks and their bilateral debt contracts …

Trimmed-mean personal consumption expenditure (PCE) inflation does not clearly dominate
PCE inflation excluding food and energy in real-time forecasting of headline PCE inflation …

Abstract “Core” PCE inflation—that is, inflation in PCE-ex-food-and-energy—is widely used
as an estimate of trend inflation. But it is long overdue for replacement. The original rationale …

This paper studies the current state of inflation dynamics through the lens of the Phillips
curve and assesses the degree of anchoring of inflation expectations. I first estimate a …

This study compares the forecasting performance of various models of inflation for a
developing country estimated over the period of last two decades. Performance is measured …

In addition to GDP, which is measured using expenditure data, the US national income and
product accounts (NIPAs) provide a variety of measures of economic activity, including gross …

I introduce the “trimmed persistence PCE,” a new measure of core inflation in which
component prices are weighted according to the time-varying persistence of their price …