How Long to Read Weighted Median Inflation Around the World: A Measure of Core Inflation

How Long Does it Take to Read Weighted Median Inflation Around the World: A Measure of Core Inflation?

It takes the average reader and 35 minutes to read Weighted Median Inflation Around the World: A Measure of Core Inflation by Laurence M. Ball

Assuming a reading speed of 250 words per minute. Learn more

Description

The standard measure of core or underlying inflation is the inflation rate excluding food and energy prices. This paper constructs an alternative measure, the weighted median inflation rate, for 38 advanced and emerging economies using subclass level disaggretion of the CPI over 1990-2021, and compares the properties of this measure to those of standard core. For quarterly data, we find that the weighted median is less volatile than standard core, more closely related to economic slack, and more closely related to headline inflation over the next year. The weighted median also has a drawback: in most countries, it has a lower average level than headline inflation. We therefore also consider a measure of core inflation that eliminates this bias, which is based on the percentile of sectoral inflation rates that matches the sample average of headline CPI inflation.

How long is Weighted Median Inflation Around the World: A Measure of Core Inflation?

Weighted Median Inflation Around the World: A Measure of Core Inflation by Laurence M. Ball is 35 pages long, and a total of 8,925 words.

This makes it 12% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read Weighted Median Inflation Around the World: A Measure of Core Inflation Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 48 minutes to read Weighted Median Inflation Around the World: A Measure of Core Inflation aloud.

What Reading Level is Weighted Median Inflation Around the World: A Measure of Core Inflation?

Weighted Median Inflation Around the World: A Measure of Core Inflation is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Weighted Median Inflation Around the World: A Measure of Core Inflation?

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