band spectrum regression to study the determination of inflation in Japan. We find that inflation is related to money … reflects Granger causality from money growth and the output gap to inflation in the relevant frequency bands. Keywords …

band spectrum regression to study the determination of inflation in Japan. We find that inflation is related to money … reflects Granger causality from money growth and the output gap to inflation in the relevant frequency bands. …

analysing inflation. The Swiss National Bank emphasises that the indicators it uses to do so vary across forecasting horizons … spectral regressions and causality tests in the frequency domain, we show that this interpretation of the inflation process …

band spectrum regression to study the determination of inflation in Japan. We find that inflation is related to money … reflects Granger causality from money growth and the output gap to inflation in the relevant frequency bands. …

Many central banks have abandoned monetary targeting because the link between money growth and inflation seemed to … a unit relationship between money growth and inflation at low frequencies when the impact of interest rate changes on … is combined with high-frequency information from the output gap to explain movements in inflation. …

analysing inflation. The Swiss National Bank emphasises that the indicators it uses to do so vary across forecasting horizons … spectral regressions and causality tests in the frequency domain, we show that this interpretation of the inflation process …

determined externally. To test this relationship, we study the determination of inflation between 1926 and 2012, a longer sample … of inflation both in the full sample and in the subsamples spanning the periods before and after the Sterling parity link. …

determined externally. To test this relationship, we study the determination of inflation between 1926 and 2012, a longer sample … of inflation both in the full sample and in the subsamples spanning the periods before and after the Sterling parity link. …

We study the determination of Irish inflation between 1926 and 2012. The difference between unemployment and the NAIRU … is a significant determinant of inflation in a simple backward-looking Phillips Curve that incorporates import prices …

inflation at different time horizons or frequency bands. The ECB has publicly supported this understanding of the framework …. This paper presents further evidence on the behaviour of euro area inflation using band spectrum regressions, which allow … frequency domain. The main finding is that variations in inflation are well explained by low-frequency movements of money and …