欧洲央行:利用高频扫描仪数据预测消费者价格上涨:来自德国的证据(英文版)
欧洲央行:利用高频扫描仪数据预测消费者价格上涨:来自德国的证据(英文版).pdf |
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We study how millions of granular and weekly household scanner data combined with machine learning can help to improve the real-time nowcast of German inflation. Our nowcasting exercise targets three hierarchy levels of inflation: individual products, product groups, and headline inflation. At the individual product level, we construct a large set of weekly scanner-based price indices that closely match their official counterparts, such as butter and coffee beans. Within a mixed-frequency set
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