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 …

implication for economic policy has been the implementation of inflation targeting (IT). This paper critically raises a number of …

This paper presents a political economy model of inflation as a result of social conflict. Agents are heterogeneous in … terms of income. Agents’ income levels determine their ability to hedge against the effects of inflation. The interaction of … model makes a number of predictions concerning which environments are conducive to the emergence of inflation. Inflation …

In this paper we evaluate inflation persistence in the U.S. using long range monthly and annual data. The importance of … inflation persistence is crucial to policy authorities and market participants, since the level of inflation persistence … found in the relevant literature, we evaluate inflation persistence through the nonparametric Hurst exponent within both a …

In this paper we evaluate inflation persistence in the U.S. using long range monthly and annual data. The importance of … inflation persistence is crucial to policy authorities and market participants, since the level of inflation persistence … generating process, in order to enhance the robustness of conclusions. Overall, we find that inflation persistence is high from …

This study analyzes the impact of volatility in government borrowing from central bank (GBCB) on domestic inflation in …) with bound testing technique suggest that domestic inflation in Pakistan is related with volatility in government borrowing …, inflation is also affected by volatility in GBCB. …

The study analyzes the relationship among domestic debt-inflation-domestic debt cost-external debt-external dependency … analyze the relationship between external dependence, domestic and external debt, crises, inflation, cost of domestic and … factors. As our results, increasing political instability has significant explanatory power on inflation. For the periods of …

include the stock (and flow) of government debt, the issuance of inflation-indexed bonds, and the existence of explicit … inflation targets. Examining data from 1957 to 2001, covering 78 higher- and lower-income countries, I find that the effects of … incentive, rather than perhaps a publicized objective, to fight inflation achieve lower disinflation costs. …

This paper applies the dynamic panel quantile regression (DPQR) model under the autoregressive distributional lag (ARDL …) specification, and examines the deficit–inflation relationship in 91 countries from 1960 to 2006. The DPQR model estimates the … impact of deficits on inflation at various inflation levels and allows for a dynamic adjustment with the ARDL specification …