Using survey data of inflation expectations across a 36 developed and developing countries, this paper examines whether … the adoption of inflation targeting has helped to anchor inflation expectations. We examine the response of inflation … expectations following a shock to inflation, inflation expectations, and oil prices. For the 13 countries that adopted inflation …

financial policy and analysis covering four areas: the emergence and taming of the great inflation, developments in US external …

do not make a distinction between the relative impacts of short-term vs. long-term unemployment on wage inflation. Using …

Recent papers have argued that one implication of globalization is that domestic inflation rates may have now become …. This paper aims to assess the empirical importance of global output in determining domestic inflation rates by estimating a … this channel, global economic conditions can indirectly affect inflation. The results, instead, do not seem to provide …

of domestic inflation and output to "global" output, and so forth--are allowed in the estimation to depend on the extent … Phillips curve. The sensitivity of U.S. inflation to global measures of output may have increased over the sample, but it …

Remarks before the U.S.-China Business Council, the Coalition of Service Industries and the American Council of Life …