of this paper is the analysis of inflation risk of European real estate securities. An overview of the institutional …

Recent theoretical work shows that changes in the volatility of inflation and/or unem-ployment affect equilibrium in … propositionthat the volatility of unemployment helps explain inflation outcomes suffers from a spu-rious regression problem. Once this … problem is controlled for, the evidence suggeststhat the volatility of unemployment does not help explain inflation outcomes …

Inflation rates in a number of OECD follow a common trend over the past four decades: inflation starts out low in the … in the behavior of trend inflation suggests that any explanation of long run inflation trends ought to apply across OECD …-varying NAIRU, can explain long run trends in U.S. inflation. In this paper we show that this result cannot serve as an explanation …

in an economy. It presents a monetary growth model in which inflation affects credit market efficiency, and via this link … offspring which serve as internal finance, more of which promotes credit market efficiency and capital formation. Inflation acts … proceeds of the inflation tax to capitalists or workers, inflation decreases the steady-state capital stock, although the …

[...]In this article, we model the relationship between goodsinflation and services inflation from 1967:2 to 2002:4. To … helpinform the inflation debate, we then use our results to forecastinflation for 2003. The specific inflation series that we … services inflation have experiencedpermanent increases and reductions, but these shifts havemoved roughly in tandem.2 That is …

the long-run inflation expectationsreported in the Survey of Professional Forecasters, conductedby the Federal Reserve …