Developing inflation scenarios |
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Authors: | Christoph Haehling von Lanzenauer Michael R Sprung |
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Institution: | School of Business Administration, The University of Western Ontario, Canada;Confederation Life Insuranse Company, Canada |
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Abstract: | The purpose of this paper is to describe a scenario-based approach of forecasting future levels of inflation as it has been developed and applied in the context of retirement income planning. The circumstances and settings for the use of time series analysis in the generation of scenarios are discussed. |
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