This paper presents evidence on the persistence of inflation in the United States over the period 1947- 2010. Of … particular interest is whether the persistence of inflation has changed over that time period. We use a reduced form approach to … measuring inflation persistence, modeling inflation as an autoregressive process. We measure persistence as the half-life of a …

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 …

, however, show that the explanatory content of the SVAR measure with regard to the acceleration of inflation exceeds that of …

unemployment-inflation tradeoff might indicate not something to be exploited but instead only policy-makers' correctly …

variable for Swedish inflation than the output gap. However, standard errors in the estimations are large and it is in fact … difficult to pin down a statistically significant relationship between either real marginal cost or the output gap and inflation. …

by movements in inflation and the business cycle. Consequently, based on our data, we find little evidence of a pro …

as an Okun Law type relationship; and the New Phillips curve linking inflation to output gap. We estimated two models …

In this paper we study the relationship between output and inflation for India, South Africa and Brazil, using the … EGARCH model. For India and South Africa, we find evidence of: (1) the Cukierman and Meltzer hypothesis that inflation … volatility raises inflation; (2) the Friedman hypothesis that inflation raises inflation volatility; and (3) the Black hypothesis …