A Simple Adaptive Measure of Core Inflation
提出一种新的核心通胀度量方法，能自适应追踪通胀的突发和持续变动，比现有方法更有效滤除暂时波动，并更好预测通胀的局部均值回归成分。
This paper proposes a new measure of core inflation and compares it with several existing measures. The new measure is adaptive and is designed to track sudden and persistent movements in inflation, such as those arising from changes in monetary policy regimes. The adaptive measure filters out transients more effectively than existing measures, and it is a superior predictor of locally mean-reverting components of inflation.