money in forecasting euro-area inflation. We compare the predictive performance within and among various classes of … contains relevant information for inflation in some model classes. Money-based New Keynesian DSGE models and VARs incorporating …

We develop a bottom-up model of inflation in the euro area based on a set of augmented Phillips curves for seven sub …-components of core inflation, and auxiliary regressions for non-core items. The disaggregated structure of the model improves on the … surge in inflation - as of Q2 2022, they account for 75 percent of the increase in headline inflation and 30 percent of the …

Intro -- Contents -- I. INTRODUCTION -- II. THE NONACCELERATING INFLATION RATE OF FACTOR UTILIZATION -- III. FACTOR …

This paper investigates inflation dynamics in Sudan using three different approaches: the single equation model, the …-conflict country that uses these three separate techniques to understand inflation dynamics. The use of these approaches is …

-up in tradeable goods inflation. Despite this increase, inflation remained relatively contained as compared to regional … comparators. This paper aims to provide a comprehensive analysis of inflation dynamics in the region, with a focus on external … from 1987 to 2022, we find that external factors such as the imported inflation from main trading partners, mainly driven …

novel harmonized dataset of sectoral producer price inflation and input-output linkages for more than 1000 sectors in 53 … that pandemic lockdowns, and subsequent reopening policies, were the most dominant driver of global inflation in this …

This paper identifies and quantifies the drivers of inflation dynamics in the three Baltic economies and assesses the … effectiveness of fiscal policy in fighting inflation. It also analyzes the macroeconomic impact of inflation on competitiveness by … focusing on the relationship between wages and productivity in the tradeable sector. The results reveal that inflation in the …

As in the rest of the world, inflation in CEMAC surged more quickly and persistently than expected during the 2021 …-23 period. This paper examines the drivers of inflation dynamics and the contribution of global shocks to inflation persistence … role of global factors in driving inflation dynamics. Global commodity food and oil price fluctuations, and shipping costs …

We study the global inflation surge during the pandemic recovery and the implications for aggregate and sectoral … differences in the inflation response across sectors imply the relative price of goods has been pro-cyclical this time around … calibrated exercise shows that the resulting changes to the output-inflation relation are quantitatively important and improve …

-kinked demand schedule for goods produced by firms. Our model can jointly account for the modest decline in inflation during the … Great Recession and the surge in inflation during the Post-Covid period. Because our model implies a stronger transmission … of shocks when inflation is high, it generates conditional heteroskedasticity in inflation and inflation risk. Hence, our …