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Inflation Cycle Indicators

Underlying Inflation Gauge for China

(joint work with People’s Bank of China, PBoC)

indicator for Chinese trend inflation ◦ developed and implemented for PBoC during regular visits started in 2012 ◦ presented at PBoC internal seminars and published as PBoC and BIS working paper ◦ ongoing joint research.
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Underlying Inflation Gauge for the U.S.

( joint work with Fed NY, FRBNY)

indicator for US trend inflation ◦ developed and implemented during time as Resident Visiting Scholar at the Fed NY 2004-2005 and regular follow up visits ◦ UIG for the US has been updated daily at Fed NY since June 2005 ◦ UIG has become part of Fed NY Staff Economic Outlook ◦ presented and discussed at ‘Fed NY Economic Advisory Panel’ ◦ UIG was mentioned in speech by Fed NY president William C. Dudley on ‘Conducting Monetary Policy: Rules, Learning and Risk Management’ (24 May 2012).
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Underlying Inflation Gauge for Switzerland

(joint work with Swiss National Bank, SNB)

Indicator for Swiss trend inflation ◦ developed and implemented 2002-2004 at SNB ◦ evaluated daily since May 2006.
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