Core Inflation: A Review of Some Conceptual Issues

This paper reviews various approaches to the measurement of core inflation that have been proposed in recent years. The objective is to determine whether the ECB should pay special attention to one or other of these measures in assessing inflation developments in the euro area. I put particular emphasis on the conceptual and practical problems that arise in the measurement of core inflation, and propose some criteria that could be used by the ECB to choose a core inflation measure. JEL Classification: C8, E0, E31

• Publication year

  2008

• Venue

  Social Science Research Network

• Publication date

  2008-05-01

• Fields of study

  Economics

• Identifiers
  DOI 10.20955/R.90.205-228
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

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