This paper documents a strong relationship between households’ perceptions about inflation over the past 12 months and … households’ short- and long-term expectations about future inflation. This relationship is strong during periods of high-inflation … but even stronger during low-inflation periods. We establish a causal relationship by implementing a randomized …

This paper contrasts empirically four leading models of inflation dynamics - the accelerationist Phillips curve (APC …

exploits the rounding patterns in individuals' responses to survey questions on inflation expectations (Binder, 2017). This … inflation expectations. …

revisit claims in the literature that money growth is Granger-causal for inflation at low frequencies. Applying frequency … Granger-causal for low-frequency inflation movements, and all variables affect money growth. We therefore interpret opposite … results from bivariate inflation/money growth systems as spurious due to omittedvariable biases. We also analyze the resulting …

. This paper provides a new way of assessing the credibility of monetary policy by analyzing the dispersion of inflation-unemployment … 1999-2013. The analysis is based on dispersion measures where we use alternative weights for inflation and unemployment and … also on a simple Misery index which is just a sum of inflation and unemployment values. The general outcome of the paper is …

experiences of these macroeconomic outcomes they have made during life. Focusing on expectations about national inflation …, national unemployment and national business conditions, I measure individual-specific experiences as weighted averages of these …

This paper contrasts empirically four leading models of inflation dynamics - the accelerationist Phillips curve (APC … inflation dynamics. …

Our paper studies the relationship between money growth and consumer price inflation in the euro area using wavelet … analysis. Wavelet analysis allows to account for variations in the money growth-inflation relationship both across the … frequency spectrum and across time. We find evidence of strong comovements between money growth and inflation at low frequencies …