Number:
756
Published:
Classification JEL:
C22, C52
Keywords:
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
The most recent
Julián Andrés Parra-Polanía, Carmiña Ofelia Vargas-Riaño
Christian Manuel Posso-Suárez, Jorge Tamayo, Arlen Guarín, Estefanía Saravia
This paper investigates whether transforming the Consumer Price Index with a class of power transformations lead to an improvement of inflation forecasting accuracy. We use one of the prototypical models to forecast short run inflation which is known as t