Simple interpolations of inflation expectations

Winkelried D. · Economics Letters (2023) · DOI: 10.1016/j.econlet.2023.111230

Resumen

In this paper, I address the issue of using fixed-event forecasts to track the evolution of rolling-event forecasts. This paper supplies a formal justification for the procedure of approximating rolling-event forecasts by averaging two fixed-event forecasts. I illustrate the methods with the computation of inflation expectations at various horizons.

Instituciones: Universidad del Pacífico