offizielle Inflation deshalb auf Basis eines statistischen Preisindex (SP) berechnet werden. Bei der Suche nach geeigneten SPs …

countries with low inflation, the raw relationship between average inflation and the growth rate of money is tenuous at best … elasticities implied by theories of Baumol-Tobin and Miller-Orr. Finally, the sample after 1990 shows considerably less inflation … variability, worsening the fit of a one-for-one relationship between money growth and inflation, and generates a fairly low …

, because in his view they were inappropriate measures of inflation. Instead, he devised the unit value index, which he regarded …

, these preferences fail to generate observed inflation inertia and output persistence after a monetary policy shock …

It has been argued that economies with more independent central banks experience lower inflation over time. In this … the inflation rate dynamics. Second, we implement a panel data analysis. …

rate movements start to influence the price inflation in China in a significant way. This paper estimates a structural …

This paper focuses on modeling and forecasting inflation in India using an augmented Phillips curve framework. Both … demand and supply factors are seen as drivers of inflation. Demand conditions are found to have a stronger impact on non …-food manufactured products (NFMP) inflation vis-a-vis headline wholesale price inflation; moreover, NFMP inflation is found to be more …

Using the same data as Chow and Wang (2010) [Chow, Gregory C., Wang, Peng, 2010. The empirics of inflation in China …. Economics Letters 109, 28–30], as well as a smooth transition regression model, this paper reconsiders the empirics of inflation … inflation in China, in contrast to the results derived with Chow and Wang’s model of constant parameters. …

We quantitatively analyze the way inflation alters the inequality of the income distribution in the U.S. economy. The … main mechanism emphasized in this paper is the “bracket creep” effect according to which inflation pushes income into …, we study time series from the U.S. economy. As our central result we find that irrespective of the level of inflation …

asymmetry of sectoral relative-price changes and the aggregate inflation rate. This correlation is widely interpreted as … evidence that short-run inflation is determined by supply-side factors; however, we study whether, in addition to the inflation … and significant effect of relative-price change asymmetries on inflation is not robust with respect to various indicators …