Using frequency domain techniques to separate short and long run dynamics and decomposing inflation into its common and … idiosyncratic components, we study the regime dependence of the inflation-RPV relation in Argentina and the USA. Under High … inflation, strong long-run comovement between RPV and Inflation is found for both economies, that extends to the short run …

investigate the inflation expectations and uncertainties of firms. We document that, in the aggregate, firm inflation expectations … are very similar to the predictions of professional forecasters for national inflation statistics, despite a somewhat … inflation expectations bear little in common with the "prices in general" expectations reported by households. Next we show that …

investigate the inflation expectations and uncertainties of firms. We document that, in the aggregate, firm inflation expectations … are very similar to the predictions of professional forecasters for national inflation statistics, despite a somewhat … inflation expectations bear little in common with the "prices in general" expectations reported by households. Next we show that …

attain local stationarity and bounded mean values. The model is applied to the analysis of inflation dynamics. Allowing for …

linking interest rates to forecasts of future inflation. Such rules have been found to give rise to aggregate fluctuations due … properties of interest-rate rules whereby the central bank responds to a measure of past inflation. The consensus view that has … inflation are likely to ensure global stability provided that the coefficient on lagged interest rates is greater than unity. …

Various inflation forecasting models are compared using a simulated out-of-sample forecasting framework. We focus on … the question of whether monetary aggregates are useful for forecasting inflation, but unlike previous work we examine a …

. A model shows that the cost-push effect of inflation, long known as Gibson's paradox, intensifies destabilizing forces … interest rates with inflation or the log of the price level is present in data from the 1950s to present. …

-push inflation.In the mode,spending is driven in part by changes in the rate of interest, and the central bank sets the interest rate … using a policy rule based on the levels of output and inflation. The model shows that the cost-push effect of inflation …

/depreciations and inflation by estimating nonlinear time series models. Motivated by theoretical and empirical results in the literature …-through regimes depending upon the magnitude of appreciations of a currency and inflation rates both in the short-run and in the long …