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

this phenomenon, which has been observed for several other countries, may be due to a change in the behaviour of inflation …. Specifically, moving from a high to a low-inflation environment has reduced the expected persistence of cost changes and, by … policy has responded more aggressively to inflation deviations over the low pass-through period relative to the high pass …

Real wage rigidities have recently been proposed as a way of building intrinsic persistence in inflation within the … and inflation in the New Keynesian Phillips curve. From a methodological perspective, these results derive from our … Curves hold promise empirically and provide interesting research directions. -- Inflation and prices ; Labour markets …

Real wage rigidities have recently been proposed as a way of building intrinsic persistence in inflation within the … and inflation in the New Keynesian Phillips curve. From a methodological perspective, these results derive from our …

of inflation equations based on generalized structural Calvo-type models. The models allow for different forms of …. The results show that there is some statistical merit to using indexation-based Calvo-type models for inflation. However …

) that the inflation dynamics in the United States can be well-described by the New Keynesian Phillips curve (NKPC). The …

We propose alternative single-equation semi-structural models for forecasting inflation in Canada, whereby structural …

-based inflation-expectation series from the Federal Reserve Bank of Philadelphia. The test the authors use rejects Gali and Gertler …

studied: one based on a rational-expectations assumption, and a modification to the latter that uses survey data on inflation …