earlier studies, we find that US postwar data are consistent both with the view that inflation dynamics are forward … relevant determinant of inflation. We show that this is an important factor contributing to the weak identification of the …

We quantitatively analyze the way inflation alters the inequality of the income distribution in the U.S. economy. The … main mechanism emphasized in this paper is the bracket creep effect according to which inflation pushes income into higher …, we study time series from the U.S. economy. As our central result we find that irrespective of the level of inflation …

relationship between credit for consumption and inflation. To give an answer to this question, we have performed an econometric …

Inflation forecasting plays a central role in monetary policy formulation. At the same time, recent international … empirical evidence suggests that with the decline in inflation of recent years, the joint dynamics of this variable and its … potential predictors has changed and inflation has become more unpredictable. Using a univariate model as a benchmark, we …

short some 20 million jobs. Further, there is no reason to believe that the current exceptionally low inflation rates are … transitory. Quite the contrary: without significant fiscal efforts to restore the bargaining power of labor, inflation rates are …

We apply classical econometric method to characterize the dynamic behavior of the quarter-on-quarter inflation over the … inflation series and as well as for the consumer price inflation at representative product groups level, taking into account the … influence of structural breaks in the mean of inflation on the level of persistence. We find strong evidence for a break in the …

This study analyses India's inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we … need three variables: (1) inflation (2) the output gap and (3) the real effective exchange rate. In India, the incorrect … measurement of variables causes much difficulty in estimating the Phillips curve. The study by Singh, B.K. et al (2011) found that …

than the prices of nontradables/higher-priced varieties. These relative price changes may lead to inflation inequality when …, we show that inflation of poor households in Brazil was at least 11 percentage points higher than of the rich in the … aftermath of the 2002 large devaluation. A detailed case study of the City of São Paulo estimates an inflation inequality …