examine the relevance of the cost channel for inflation dynamics in G7 countries. Since firms’ costs of working capital … inflation responses to monetary policy shocks, and can even lead to inverse inflation responses, when the cost channel is …

looking pricing account for the observed persistence in aggregate inflation. Second, price-setting responds to movements in … marginal costs, which should therefore be the driving force to observed inflation dynamics. This is not always the case in … conditions under which imposing homogeneity results in overestimating a backward-looking component in (aggregate) inflation, and …

result is that the model is able to generatepersistent responses in output, inflation, and total labor input to both …

This paper investigates the relationship between inflation uncertainty and the investmentdecisions of small, micro ……finance-funded …firms in the Dominican Republic. An extensive literature documents the array of opposing factors linking inflation … other forms of systemicrisk and aggregate economic activity, suggesting inflation uncertainty creates potentially …

resulting Phillips curveinvolves lagged inflation and lagged expectations. It nests the Calvo NKPC as a limitingcase in the … inflation always has negative coe¢ cients, therebymaking it impossible to interpret inflation persistence as intrinsic. The … shocks, and output leads inflation. …

are clearly present and explain around 24% of inflation differentials vis-à-vis the euro area (about 1.2 percentage points … total domestic inflation... …

we examine the twelve potential intertemporal relationships between inflation,growth and their respective uncertainties … nominaluncertainty. Output growth boosts inflation but mainly indirectly through areduction in real uncertainty. Our findings highlight … inflation and growth works to a large extend indirectly via theuncertainty channel.[...] …

find that inflation uncertainty effects output variability positively,while output variability has a negative effect on … inflation uncertainty.[...] …

The remarkable stability of low domestic inflation in many countries requires explanation. In this paper, a number of … continuing low inflation, but also its coexistence with rapid growth and low real interest rates. Unfortunately, the analysis …