Forecasting Inflation Expectations with Adaptive Learning
Date : Jeudi | 2025-05-15 à 12h30 Lieu : Salle des thèses Lien TEAMS : Cliquez ici pour rejoindre le séminaire du LÉO Cyril DELL’EVA (Université de Rouen / LERN) Inflation expectations in the QPM are approximated with the BER Survey of Inflation Expectations. These are forecasted by using an exogenous AR(1) process, constrained to converge to the target at the two year horizon. The AR(1) process imposes strong judgment on the forecasting of inflation and it is unlikely to forecast […]