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    <title>Forecasting Core Inflation in Canada: Should We Forecast the Aggregate or the Components?</title>
    <link>https://www.bankofcanada.ca/2005/12/working-paper-2005-44/</link>
    <description>The authors investigate the behaviour of core inflation in Canada to analyze three key issues: (i) homogeneity in the response of various price indexes to demand or real exchange rate shocks relative to the response of aggregate core inflation; (ii) whether using disaggregate data helps to improve the forecast of core inflation; and (iii) whether using monthly data helps to improve quarterly forecasts.</description>
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            <cb:simpleTitle>Forecasting Core Inflation in Canada: Should We Forecast the Aggregate or the Components?</cb:simpleTitle>
            <cb:occurrenceDate>2005-12-03</cb:occurrenceDate>
        
                <cb:keyword>Econometric and statistical methods</cb:keyword>
                <cb:keyword>Inflation and prices</cb:keyword>
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                    <cb:title>Working Paper 2005-44 </cb:title>
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                    <cb:description>Forecasting Core Inflation in Canada: Should We Forecast the Aggregate or the Components?</cb:description>
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                    <cb:nameAsWritten>Frédérick Demers</cb:nameAsWritten>
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                    <cb:nameAsWritten>Annie De Champlain</cb:nameAsWritten>
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                <cb:publicationDate>December 2005</cb:publicationDate>
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