Forecasting Inflation with a Financial Conditions Index: The Case of Singapore

• 主要作者: CHOW, Hwee Kwan
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2013
• 主題: Financial conditions index; monetary VAR model; inflation forecast performance; monetary policy; Asian Studies; Econometrics; Finance
• 在線閱讀: https://ink.library.smu.edu.sg/soe_research/1520; https://doi.org/10.1142/S2010495213500097
• 機構: Singapore Management University

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....