pronounced increase of aggregate US producer price inflation. …

situation poses to price stability. We propose to regard the central banker as a risk manager who aims to contain inflation …

unemployment-inflation tradeoff might indicate not something to be exploited but instead only policy-makers' correctly …

competition to influence domestic inflation. By comparing the unrestricted and restricted specifications, we provide evidence that … foreign competition plays an important role in accounting for the behavior of inflation in the traded goods sector. Our … inflation in the 1990s. Our results also provide evidence against demand curves with a constant elasticity in the context of …

In this paper, we formulate a statistical model of inflation that combines data on survey expectations and the … inflation target set by central banks.. Our model produces inflation forecasts that are aligned with survey expectations … the inflation target set by the monetary authority to examine the effectiveness of monetary policy in forming inflation …

We investigate whether the Fiscal Theory of the Price Level (FTPL) can explain UK inflation in the 1970s. We confront …

We investigate whether the Fiscal Theory of the Price Level (FTPL) can explain UK inflation in the 1970s. We confront …

We study the inflation uncertainty reported by individual forecasters in the Survey of Professional Forecasters 1969 … asset pricing. We find that inflation uncertainty fluctuates over time in a way that traditional time series models fail to … capture. Instead, uncertainty is highly correlated with the level of inflation, in particular with recent positive inflation …