Forecasting Inflation with a Financial Conditions Index: The Case of Singapore
This paper explores whether a financial conditions index (FCI) can serve as a good predictor of inflation and hence, a useful guide to monetary policy in the context of Singapore by constructing an index that comprises interest rates, exchange rates, credit expansions, stock prices and house prices....
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Main Author: | CHOW, Hwee Kwan |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2013
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Online Access: | https://ink.library.smu.edu.sg/soe_research/1520 https://doi.org/10.1142/S2010495213500097 |
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Institution: | Singapore Management University |
Language: | English |
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