Review of the Literature on Core Inflation - ARCHIVED

Articles and reports: 62F0014M1997004
Description: Over the years, the concept of core inflation has become of crucial importance for the central banks of various countries. Indeed, many of them have at some point been given the mandate to reduce inflation and achieve price stability. In Canada, this mandate was conferred on the Bank of Canada in February 1991.

Core Inflation is often perceived as the trend in the movements of consumer prices. This review of the literature illustrates that more than one definition of core inflation exists. Then, a brief description of the different suggested methods to measure core inflation, as well as some of their results, are shown. Finally, this review offers a bibliography of articles on core inflation.

no: 4
Issue Number: 1997004
Frequency: Occasional
Author(s): Taillon, Jacques
Main Product: Prices Analytical Series
Format Release date More information
PDF May 5, 1997