This paper examines the long-run effects of supply shocks (such as oil shocks) on inflation in the United States. The … persistence of supply shocks in U.S. inflation fell considerably during the period of Volcker’s disinflation (1979-1982). My … the behavior of inflation expectations - agents expected shocks to persist in the pre-Volcker period, but not in the post …

stance, before and after its adoption of the inflation targeting framework, as revealed by its interest rate setting behavior … inflation by and large through its key policy rate, though it appears to be accommodative with respect to the output gap. In …

This study presents a framework for extracting long-run GDP growth and inflation expectations from financial market … inflation expectations for the euro area and for the United States. …

affected countries. It focuses on three main countries—Indonesia, Thailand, and the Philippines. The analysis shows that there … continuum of effects, with Indonesia most heavily hit, the Philippines the least so, and Thailand somewhere in between. (b …

Philippines. We present multi-output profit maximizing model to elicit the role of relative prices on land allocation between …

equities fail the test as inflation hedges, as had been quite widely believed, but that they take so long to pass. …