a hump-shaped inflation response to monetary shocks without counterfactually implying, as in Mankiw and Reis (2002) or … assumption that firms' price-setting decisions are strategically neutral, the inflation response to a transitory shock to the …

We investigate inflation dynamics and the presence of the cost channel in ten emerging markets since the 1990's from … the instrument set of GMM estimations. We confirm substantial and significant backward-looking behavior in the inflation …

One of the key drivers for the policy makers is the tie-up between price inflation and unemployment. In relevance to … the economic theories in yester years, Phillips Curve has witnessed negative relationship between inflation and … unemployment in many economies. This has an implication that if government seeks to reduce the unemployment then the inflation goes …

I develop a structural model of inflation by combining two different models of price setting behavior: the sticky price … resultant SP/SI Phillips curve models inflation better than either the sticky price or sticky information models. The results …

Recent studies have indicated that the terms 'NAIRU' (non-accelerating inflation rate of unemployment) and 'natural … features. This study evaluates comparatively the inflation-forecasting power of alternative time-varying estimates of the … twentieth century. The analysis reveals that the overall inflation-forecasting utility of the natural rate of unemployment …

Much of the US inflation forecasting literature deals with examining the ability of macroeconomic indicators to predict … the mean of future inflation, and the overwhelming evidence suggests that the macroeconomic indicators provide little or … no predictability. In this paper, we expand the scope of inflation predictability and explore whether macroeconomic …

aggregates on the inflation determination in Chile the last years. We estimate a rational expectations equations system derived … additional information in monetary aggregates -M1A and M2A- to predict inflation that were not contained in lags of output gap. …

confirmed at company level, whether it is robust to controlling for inflation expectations and whether it is concentrated among …

be verified always that exist equal evolution of their variables or for others words, always that inflation and … form and this just happen when inflation and unemployment rates growing for different directions (in the short-run) and … when inflation rate is growing and unemployment doesn't (in the long-run). …