future inflation remain less well understood. Here we exploit a global dataset of monthly consumer price indices to identify … the causal impacts of changes in climate on inflation, and to assess their implications under future warming. Flexibly …, future warming will cause global increases in annual food and headline inflation of 0.92-3.23 and 0.32-1.18 percentage …

patterns in economic activity and inflation following oil price shocks in the euro area. In the normal regime, oil price shocks … followed by sizeable and sustained macroeconomic fluctuations, with inflation and economic activity moving in the same … direction as the oil price. The responses of inflation expectations and wage growth point to second-round effects as a potential …

Among the harmful effects of inflation, the negative consequences of inflation volatility are of particular concern … inflation volatility. Major results are robust for unconditional and conditional inflation volatility, the latter derived from …

coordinated wage bargaining systems have a dampening impact on inflation volatility. -- Business Cycles ; Inflation ; Labor Market …In this paper we analyze empirically how labor market institutions influence business cycle volatility in a sample of … protection legislation appear to play a limited role for output volatility. We also find some evidence suggesting that highly …

Factor Models ; Multivariate GARCH ; Conditional Covariance ; Inflation Forecasting ; Volatility Forecasting … applications respectively on macroeconomic series, with a particular focus on different measures of inflation, and on financial … asset returns. Our model outperforms the benchmarks in forecasting the inflation level, its conditional variance and the …

Inflation volatility is clearly important for structural analysis, forecasting and policy purposes, yet it is often … overlooked in the literature. This paper compares in ation volatility among advanced open economies with in ation targeting …, the volatility of in ation was similar among countries, even when controlling for monetary policy activity and other …