changed central banking in many ways: by shifting the focus of monetary policy from fighting too high inflation towards … fighting too low inflation; by prompting new ‘experimental’ non-conventional measures, which risk to cause large, long …

This paper examines the distributional implications of inflation on top income shares in 12 advanced economies using … data over the period 1920-2016. We use Local Projections to analyze how top income shares respond to an inflation shock …, and panel regressions in which all variables are defined as five-year averages to examine the impact of inflation on the …

. One major aim of this outreach is to guide inflation expectations; another is to ensure accountability and create trust … on the extent to which this new outreach does in fact affect inflation expectations and trust. On balance, we see some …

We analyse whether central bank independence (CBI) affects inflation in developing countries. For this purpose we have … after high inflation countries are added to the sample. …