. Potential output is seen as sustainable; yet experience indicates that output may be on an unsustainable path even if inflation …

inflation to the forefront of policy concerns. Those concerns will only grow as aging populations increase demands on government … fiscal deficits directly affect inflation. The paper begins by pointing out similarities and differences between the Weimar … inflation and explains why these fiscal effects are difficult to detect in time series data …

increases in China for global inflation pressures are also discussed …

We provide a new perspective on disagreement in inflation expectations by examining the full probability distributions … of UK consumer inflation forecasts based on an adaptive bootstrap multimodality test. Furthermore, we compare the … inflation forecasts of the Bank of England's Monetary Policy Committee (MPC) with those of UK consumers, for which we use data …

We study how domestic and global output gaps affect CPI inflation. We use a New Keynesian Phillips curve framework …Q1-2017Q4 period. We find broadly that both global and domestic output gaps are significant drivers of inflation both in … output gaps on inflation …

shocks on wages and inflation but heighten the impact of technology shocks. Informality also increases the sacrifice ratio of … inflation volatility for some type of shocks but makes monetary policy less effective …

The relationship central to most inflation models, between slack and inflation, seems to have weakened. Do we need a …-cycle decomposition - to show that inflation models should more explicitly and comprehensively control for changes in the global economy … rates, and producer price competition can all significantly affect inflation, even after controlling for the standard …