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 …

the Phillips curve's ability to explain inflation dynamics over a wide variety of circumstances, over the 150 years of the … country's history. In Italy, the relation linking inflation with the cyclical situation in the economy emerged only after …

approach, which apparently results in about a quarter point of additional inflation each year since 2000. …

This paper proposes an index of core inflation for the euro area which exploits information from a large panel of time … component of national inflation and disregarding the idiosyncratic one, we clean inflation from measurement error, discrepancies …

Since 2013 the inflation rate in the euro area has fallen steadily, reaching all-time lows at the end of 2014. Market …-based measures of inflation expectations (such as inflation swaps) have also declined to extremely low levels, which suggests … increasing concern about the credibility of the ECB in maintaining price stability. Inflation releases have often surprised …

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