The study examines challenges to monetary policy transmission, focusing on the National Bank of Ethiopia's (NBE) price stabilization policies. The NBE's monetary policy framework aims to maintain price and exchange rate stability while supporting economic growth. However, controlling the broad...

We examine the relationship between customer wait times and future price inflation using cell- phone location data. We focus our analysis on restaurants in the U.S. over the years 2019–2021 and document a stark increase in abnormal wait times starting in mid-2020. At the MSA level, we find...

In Turkey, the housing market is affected by various factors, and housing prices are shaped according to current conditions. In this study, the relationship between the housing price index (HPI) and economic variables (inflation and exchange rate) in Turkey was investigated. We used a 10-year...

We propose a framework for consistently evaluating core inflation measures via a straightforward application of sound statistical inference principles. Under this framework, inflation measures (both headline and core) are regarded as estimators tracking the economy's true, unobserved inflation...

This study has adopted the actual household expenditure data from the national accountstoconstruct a true inflation rate (using the Fisher index) and found that the official inflationrateinthe 33 OECD countries was an overestimate of true inflation for 22 and underestimate in11countries in the...