How long does it take for exchange rate changes to pass through into inflation? Does it make a difference whether the …

countries. Difference-in-differences and propensity score matching estimates suggest that inflation in countries receiving large …

future inflation remain less well understood. Here we exploit a global dataset of monthly consumer price indices to identify … the causal impacts of changes in climate on inflation, and to assess their implications under future warming. Flexibly …, future warming will cause global increases in annual food and headline inflation of 0.92-3.23 and 0.32-1.18 percentage …

This paper develops a Bayesian quantile regression model with time-varying parameters (TVPs) for forecasting inflation … inflation with the ability of quantile regression to model flexibly the whole distribution of inflation. In order to make our …-based indicators for the prediction of the conditional distribution of inflation in the euro area, both in the short and longer run …

inflation and the extent of real wage rigidity but that these effects depend on the definition of reference norms (e.g. how …

wage and price dynamics. Recent empirical implementations stress the idea that these models link inflation to the behavior … declining inflation and labor shares in Euro area. In this paper, we show that with realistic parameters, the canonical Calvo …

This paper adopts the Impulse-Response methodology to understand inflation persistence. It has often been argued that …, we find that allowing for a distribution of contract lengths can yield a more plausible explanation of inflation …