Money growth data helps predict inflation

Money growth statistics can be used to more accurately forecast inflation in the euro area, a new International Monetary Fund paper finds.

The research also found that the predictive power of money growth for inflation is substantially lower in more recent sample periods compared to the1970s and 1980s.

However, the paper said that quantitative improvements in forecasting accuracy from including money growth were rarely dramatic and cautioned against using money-based inflation models anchored in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.