We investigate the international linkages of inflation uncertainty in the G7. In a first step, we document that … inflation uncertainty in the G7 is intertwined. Moreover, the degree of synchronization has increased during the recent two … international shock that drives national inflation uncertainty and which is closely related to oil and commodity price uncertainty …

and inflation in the member countries. Stress in a country is defined as the difference between the country’s actual short …

restrictions which are not rejected by the data - the cost channel helps to generate an initial rise of inflation after a monetary …

of the relation between market power and inflation. We examine this relation for individual firms in eleven U ….S. industries. Our econometric framework exploits restrictions from dynamic theory and information from financial markets to … generate quantitative evidence on the responsiveness of market power to inflation. We find that inflation usually has a …

individuals use simple rules of thumb (heuristics) to forecast the future inflation and output gap. We compare this model with the …

found to help rationalizing the hump-shaped response of inflation, without resorting to the counterfactual assumption of …

Theory and evidence suggest that in an environment of well-anchored expectations, temporary news or shocks to economic … variables, should not affect agents’ expectations of inflation in the long term. Our estimated structural VARs show that both … long- and short-term inflation expectations are sensible to policy-related uncertainty shocks. A rise of long …