realistic parameter values, the model generates a blip in inflation of the same magnitude observed in the data"--Federal Reserve …

This paper analyzes the short-run dynamic process of inflation in Canada and examines whether a systematic variation in … the relationship between inflation and output can be detected over time. In the theoretical literature, different models …

inflation and output dynamics in the United States. In particular, I find that real money balance effects are quantitatively …

involving U.S. inflation and GDP growth. Empirical results suggest that the number of change points is larger than previously …

exchange rates have a modest effect on domestic price inflation while import prices have a stronger effect. Pass-through is …