According to the macro-econometric literature, the impact of exogenous oil price shocks on Inflation have greatly … increased in the last two decades throughout OECD countries while the persistence of those shocks on long-term inflation, namely … core inflation, has dramatically decreased. In the meantime, the market for inflation derivatives soared, spurred by a …

Research Problem: The primary purpose of the paper is to set up a macroeconomic model that depict domestic inflation … methodology: To investigate domestic inflation sensitivity to macro variables time-varying coefficient estimation approach … (government spending) is the main driver of domestic inflation,the increasing role of parallel market for foreign exchange and …

Changes in the general level of prices and inflation have profound effects on asset prices. There are several reasons … for these effects and the influence differs depending on the source of the inflation and whether it is expected or not. To … understand these effects it is important to clarify what is meant by inflation, the pure theory of the sources of inflation, how …

time). Yet, even during periods of low inflation or deflation, nominal financial statements violate this assumption. I … posit that, while the effects of inflation are not recognized in nominal statements, such effects may have economic … consequences. I find that unrecognized inflation gains and losses help predict future cash flows as these gains and losses turn …

This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed … from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation … Search Index (GISI) is assessed relative to 37 other indicators of inflation expectations – 36 survey measures and the TIPS …

For decades, the academic literature has focused on three survey measures of expected inflation: the Livingston Survey … models of forecasting inflation, the data are low frequency measures which appear anachronistic in the modern era of high … frequency and real-time data. I present a collection of 37 different measures of inflation expectations, including many …

I present evidence that higher frequency measures of inflation expectations outperform lower frequency measures of … inflation expectations in tests of accuracy, predictive power, and rationality. For decades, the academic literature has focused … on three survey measures of expected inflation: the Livingston Survey, the Survey of Professional Forecasters, and the …

floating exchange rates, raising domestic inflation can increase production if credit is rationed. However, there exist … inflation thresholds: increasing inflation beyond the threshold level will reduce domestic output. Instability, indeterminacy of … high rates of domestic inflation- increases the scope for indeterminacy and economic fluctuations. …

about 50% of the Flemish; but by the 1480s, they had narrowed that gap (with much less inflation) to about 80%. That gap was …