IDEAS home Printed from https://ideas.repec.org/p/ltr/wpaper/1997.23.html
   My bibliography  Save this paper

A Comparison of Australian Inflation Forecasts

Author

Listed:
  • Param Silvapulle

    (Department of Economics and Finance, La Trobe University)

  • Ramya Hewarathna

    (Department of Economics and Finance, La Trobe University)

Abstract

This paper considers various models including univariate time series and the ones emerging from the Fisher effect and/or the term structure of interest rates for Australian inflation forecasting, and assesses their in-sample and out-of-sample forecast power properties. The CPI seroes, 90-days and 180-days Australian bank-accepted bill rates covering the sample period 1968-Q1 to 1995-Q4 were used in this study. Contrary to earlier findings, using the Gregory and Hansen (1996) test we document strong evidence supporting the Fisher effect in the presence of a structural break with the break-point being at 1980-Q1.

Suggested Citation

  • Param Silvapulle & Ramya Hewarathna, 1997. "A Comparison of Australian Inflation Forecasts," Working Papers 1997.23, School of Economics, La Trobe University.
    • Handle: RePEc:ltr:wpaper:1997.23
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ramya Hewarathna, 2000. "An Empirical Examination of the Fisher Hypothesis in," Working Papers 2000.03, School of Economics, La Trobe University.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ltr:wpaper:1997.23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stephen Scoglio (email available below). General contact details of provider: https://edirc.repec.org/data/sblatau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.