Barkan, Oren; Benchimol, Jonathan; Caspi, Itamar; … - 2023
components of the Consumer Price Index (CPI). While the majority of existing research is focused on predicting headline inflation … the novel Hierarchical Recurrent Neural Network (HRNN) model, which utilizes information from higher levels in the CPI … hierarchy to improve predictions at the more volatile lower levels. Based on a large dataset from the US CPI-U index, our …