As the pandemic spread across the U.S., disagreement among U.S. households about inflation expectations surged along … with the mean perceived and expected level of inflation. Simultaneously, the inflation experienced by households became … between the inflation experienced by households in their daily shopping and their perceived and expected levels of inflation …

" specification. We propose a method to measure inflation and decompose it along articles' and authors' characteristics …

We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of … establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the … United States economy and the long-run equilibrium properties are compared at low and high inflation. We find that, when the …

the PC and explain the evolution of inflation and unemployment in the US from 1970 to 2006. Since our empirical … and inflation, while the monetary expansion was quite ineffective and led mainly to higher inflation. Finally, the …

consumer price inflation rate …

due to nominal, but mostly real wage rigidity is substantial. The extent of real rigidity rises with inflation, whereas …, is most likely minimized in an environment with moderate inflation …

inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro …

, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … spell, while older workers accelerate their transition to full retirement. We also find that high inflation discourages full …

This paper tests a central implication of the theory of equalizing differences, that workers sortinto jobs with …