In the past decade changes in oil prices have played a significant role in shaping inflation dynamics in the US and in …

issue is of particular interest for those monetary authorities that target headline consumer price inflation, which has been …

transmission channels by which the purchases can be expected to affect economic activity and inflation. Then we assess the effects …

wage, unemployment and inflation. This is done by considering a two-stage strategic interaction between a central bank (CB … wages of other unions and the reaction-function of the CB as given. In the second stage the CB picks inflation so as to … minimize the combined costs of inflation and unemployment, taking union's wage rates as given. Since unions are averse to …

The paper analyzes the short-run impact of periods of strong monetary growth on inflation dynamics for 15 …

level, after controlling for inflation expectations, and whether it is concentrated among those firms that are more exposed …

promptly identifying turning points in inflation. The focus of this paper is the so-called "cost-of-living" index, the most … used measure of Italian inflation. Our aim is to identify and test a model of its seasonal component, which is important in …