to significant and persistent reductions in disposable income, along with increases in unemployment, income inequality …, which be associated with an increase in poverty of about 75 million people. Policy responses more effective than those in …

Central bankers often assert that low inflation and anchoring of inflation expectations are good for economic growth … (Bernanke 2007, Plosser 2007). We test this claim using panel data on sectoral growth for 22 manufacturing industries for 36 … of government, overall economic growth, monetary policy counter-cyclicality and the level of inflation. Importantly, the …

We document information rigidity in forecasts for real GDP growth in 46 countries over the past two decades. We … forecasters incorporate news about growth in other countries into their growth forecasts, with a focus on how advanced countries …‘ growth forecasts incorporate news about emerging market growth and vice versa …

We examine the behavior of forecasts for real GDP growth using a large panel of individual forecasts from 30 advanced … validity of the sticky information model (Mankiw and Reis, 2002) for describing the dynamics of professional growth forecasts …