The difficulty in modelling inflation and the significance in discovering the underlying data generating process of … inflation is expressed in an ample literature regarding inflation forecasting. In this paper we evaluate nonlinear machine … learning and econometric methodologies in forecasting the U.S. inflation based on autoregressive and structural models of the …

In this paper, we evaluate the causal relationship between macroeconomic uncertainty indices, inflation and growth rate …

). The empirical results show the relevance of the modeling approach and provide evidence of regime change in inflation …

between income inequality and the inflation rate. Employing a semiparametric instrument variable (IV) estimator, we find that … the relationship depends on the level of the inflation rate. A positive relationship occurs only if the states exceed a … threshold level of inflation rate. Below this value, inflation rate lowers income inequality. The results suggest that 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 … found in the relevant literature, we evaluate inflation persistence through the nonparametric Hurst exponent within both a …

We provide new evidence on the relationship between inflation and its uncertainty in the U.S. on an historical basis …, covering the period 1775-2014. First, we use a bounded approach for measuring inflation uncertainty, as proposed by Chan et al … inflation and its uncertainty that varies across time and frequency. First, we show that in the medium- and long-runs, the …

The persistence property of inflation is an important issue for not only economists, but, especially for central banks …, given that the degree of inflation persistence determines the extent to which central banks can control inflation. Further …, not only is the level of inflation persistence that is important in economic analyses, but also the question of whether …

This paper investigates the long-run impact of inflation on homeowner equity in South Africa by analysing the … expenditure. In general, we infer that house prices in South Africa provide a stable, but quantitatively minor, inflation hedge in …

This paper evaluates the welfare gain from reducing inflation permanently from two percent to price stability and … inflation and capital income taxation, in calculating the gain from moving to a zero rate of inflation. Though the annual … deadweight loss of a two percent inflation rate is 0.225 percent of GDP - a relatively small number when compared to the …