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 co-movements of inflation in a group of 15 countries before and during the classical Gold Standard by fitting … inflation functions as an "attractor" for domestic inflation rates. The cross-sectional dispersion of inflation declined … six of reduced-form inflation equations. However, sub-sample estimates indicate that the overall finding that …

1850-1913. We find that consumer price inflation in all 15 countries co-moves with a broad measure of changes in commodity … which international business cycle movements affect inflation. …

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. …

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 …

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 …

We study the determination of Irish inflation between 1935 and 2012 using a Phillips curve approach. We find that a … of diagnostic tests. We also consider the importance of UK and euro area inflation for Irish inflation. While UK … inflation is significant in the period 1935 – 1979, and euro area inflation is significant in the period 1980 – 2012, we present …