Christian Gillitzer and Martin McCarthy, "Does Global Inflation Help Forecast Inflation in Industrialized Countries?", Journal of Applied Econometrics, Vol. 34, No. 5, 2019, pp. 850-857. Programs: cm_2008.prg: EViews code to produce results in Table 1 cm_2008_rolling.prg: EViews code to produce results in Table 2 ao_2016.prg: EViews code to produce results in Cols. 1, 2, 4 and 5 of Table 3, and AO-Global results in Figure 1 ao_gridsearch_2016.prg: EViews code to produce results in Cols. 3 and 6 of Table 3 cm_2016.prg: EViews code to produce results in Table A1 and results in Figure 1 except AO-Global sa_RATS_CPI: RATS program to seasonally adjust CPI data Input files: CMData.xls: Input data to produce results over CM sample period Data.xls: Input data to produce results over extended sample to 2016 Output files: rmse_ratio_aogrid_4q.csv: output from ao_gridsearch_2016.prg rmse_ratio_aogrid_4q.xls: output from ao_gridsearch_2016.prg rmse_ratio_aogrid_8q.csv: output from ao_gridsearch_2016.prg rmse_ratio_aogrid_8q.xls: output from ao_gridsearch_2016.prg rmse_ratio_ar_2008.csv: output from cm_2008.prg rmse_ratio_phil_2008.csv: output from cm_2008.prg rmse_ratio_rw_2008.csv: output from cm_2008.prg rmse_ratio_rw4_2008.csv: output from cm_2008.prg rmse_ratio_ar_2008_rolling.csv: output from cm_2008_rolling.prg rmse_ratio_phil_2008_rolling.csv: output from cm_2008_rolling.prg rmse_ratio_rw_2008_rolling.csv: output from cm_2008_rolling.prg rmse_ratio_rw4_2008_rolling.csv: output from cm_2008_rolling.prg rmse_ratio_ar_2016.csv: output from cm_2016.prg rmse_ratio_phil_2016.csv: output from cm_2016.prg rmse_ratio_rw_2016.csv: output from cm_2016.prg rmse_ratio_rw4_2016.csv: output from cm_2016.prg rmse_ratio_glao_2016.csv: output from ao_2016.prg rmse_ratio_glao_rolling_2016.csv: output from ao_2016.prg rmse_glAO_2016.xls: output from ao_2016.prg rmse_glrAO_rolling_2016.xls: output from ao_2016.prg rmse_2008.xls: output from cm_2008.prg rmse_2016.xls: output from cm_2016.prg Output.xls: graphs Data sources: Data for replication sourced from replication files for Ciccarelli, M. and B. Mojon (2010) "Global Inflation", Review of Economics and Statistics 92(3), 524-535. The dataset was extended using the same sources, as documented in the data file. Files: All ASCII files (.prg and .csv) are zipped in the file gm-data-and-programs.zip. These files are in DOS format, so Unix/Linux users should use "unzip -a". All spreadsheets (.xls and .xlsx) are zipped in the file gm-spreadsheets.zip.