This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 …

This study investigates the relationship between inflation, inflation uncertainty and output in Tunisia using real and … nominal data. GARCH-in-mean model with lagged variance equation is employed for the analysis. The result shows that inflation … uncertainty has a positive and significant effect on the level of inflation only in the real term. Moreover, inflation uncertainty …

Dynamic econometric models are carefully built to analyse counterfactually the globalisation effect on inflation for … impact as far as inflation persistence is concerned while the impact on inflation variability can be positive as well as … negative. Overall, globalisation is found to have contributed positively to lowering rather than stabilising inflation during …

. Specifically we find that the expected rate of future inflation and real marginal costs serve as replacements for equilibrium … OECD inflation, the NPC is encompassed by an existing theory. …

We examine both the degree and the structural stability of inflation persistence at different quantiles of the … conditional inflation distribution. Previous research focused exclusively on persistence at the conditional mean of the inflation … rate. As economic theory provides reasons for inflation persistence to differ across conditional quantiles, this is a …

Conjectures about inflation expectations are inextricably linked to our understanding of the relationship between the … therefore examines the empirical properties of inflation expectations data constructed on the basis of both qualitative and … provides some insights into the nature of the interaction between monetary policy and inflation expectations. …