Intro -- Contents -- I. INTRODUCTION -- II. POLITICAL AND ECONOMIC BACKGROUND -- III. THEORY, METHODOLOGY, AND DATA …

This paper studies how and why inflation expectations have changed since the emergence of Covid-19. Using micro …-year and five-ten year horizons has widened since the surge of inflation during 2021, along with the mean. Persistently high … adaptive learning is able to mimic the change in inflation expectations over time for different demographic groups. The …

This paper analyzes the dramatic rise in U.S. inflation since 2020, which we decompose into a rise in core inflation as … measured by the weighted median inflation rate and deviations of headline inflation from core. We explain the rise in core with …-through into core from past shocks to headline inflation. The headline shocks themselves are explained largely by increases in …

This paper's analysis of growth and inflation dispersions in the euro area reveals several findings. First, these …

Growth and inflation in Turkey have been volatile over the last two decades. It would, therefore, be useful to identify … indicators that anticipate economic conditions and inflation. This paper investigates the predictive performance of economic … indicators for inflation and real output growth in Turkey. We find that (i) the forecasting ability of individual indicators is …