期刊名称:Macao Monetary Research Bulletin / Autoridade Monetária de Macau
出版年度:2009
卷号:2009
期号:12
出版社:Macao
摘要:Research on inflation measures is always of great interest to economists and
policymakers. In particular, temporary fluctuations in prices could distort real price
signals, resulting in misallocation of resources and mismanagement of economic
policies. Until now, core inflation has remained as the most popular gauge for
underlying inflation pressure. This paper reviews the reasons why some economies
use core inflation as the target for their monetary policies and estimates core inflation
of Macao in recent years.