Titel: | Business surveys and inflation forecasting in China |
Författare: | Kaaresvirta, Juuso ; Mehrotra, Aaron |
Institution: | Bank of Finland |
Avdelning / Enhet: | Institute for Economies in Transition (BOFIT) |
Serie: | BOFIT Discussion Papers |
Serienumber: | 22/2008 |
Utgivningsår: | 2008 |
Utgivningsdatum: | 22.11.2008 |
Publicerad i: | Published in Economic change and restructuring, vol. 42, no. 4 (2009), pp. 263-271 |
Sidor: | 15 s. |
Nyckelord: | Kiina; ennusteet; hinnat; inflaatio; indikaattorit; yritykset; Bofit-kokoelma |
JEL: | C53; E31 |
Abstrakt: | We use business survey data collected by the People's Bank of China for inflation forecast-ing. Some survey indicators lead to enhanced forecasting performance relative to the uni-variate benchmark model, especially for a period of moderate inflation. However, the esti-mated models do not do a good job of tracking the recent pickup in Chinese inflation, due to increases in food prices. Keywords: inflation forecasting; business surveys; China. JEL classification: C53; E31. |
Licens: | https://helda.helsinki.fi/bof/copyright |
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