Notwithstanding high unemployment following the Great Recession, inflation in the United States has been remarkably … stable. We find that a traditional Phillips curve describes the behavior of inflation reasonably well since the 1960s. Using … observed stability of inflation: inflation expectations have become better anchored and to a lower level; the slope of the …

potentially nonlinear effects of inflation on economic growth. We find that inflation is associated with significantly lower … effects of inflation on economic growth. We also document significant variation in the effect of inflation on growth across …

weakened when left-wing governments respond to inflation by increasing the share of in-kind transfers. …

There is a large empirical literature on the effect of aggregate inflation on both price-level dispersion (relative … price variability, RPV) and inflation rate dispersion (relative inflation variability, RIV) across goods or locations. Early … value of inflation shocks, RPV is a negative monotonic function of inflation shocks. We show that consumer search theory …

-inconsistency problem in which savings are distorted. This paper studies the long-run effects of inflation in the presence of a time …

This letter demonstrates that price inflation and stock returns display differing relationships depending on the … measure of inflation used. The regularity that price inflation and stock returns are negatively related in post-World War II …

) and inflation is the use of inaccurate measures for RD. Using a newly constructed measure for RD that accounts for over …-time changes in sub-national tax autonomy, this paper finds that RD leads to lower inflation. …

level of inflation we note important regime dependence in the inflation response to monetary policy shocks. …

Using the same data as Chow and Wang (2010) [Chow, Gregory C., Wang, Peng, 2010. The empirics of inflation in China …. Economics Letters 109, 28–30], as well as a smooth transition regression model, this paper reconsiders the empirics of inflation … inflation in China, in contrast to the results derived with Chow and Wang’s model of constant parameters. …