the model as the key factor in explaining the muted responses of inflation to movements in the output gap witnessed …

The New Keynesian Phillips Curve (NKPC) is now the dominant model of inflation dynamics. In recent years, a large body …

percentage points, with roughly constant inflation. This change has been more pronounced than elsewhere. We argue that this stems … the fall in unemployment since 1995 would have led to an annual increase in inflation of 2.5 percentage points if it had …

main uses of consumer price statistics, paying particular attention to inflation forecasting with econometric models. Some …

the recent wage moderation is attributable to relatively high levels of labour market slack and low inflation expectations …

de la persistencia de la inflación actual. ; A vast literature has documented how US inflation persistence has fallen in … recent decades, but this finding is difficult to explain in monetary models. Using survey data on inflation expectations, I … information about the aggregate state, and show that inflation is more persistent in periods of greater forecast sluggishness. My …

media to the general public, and the process by which the general public gathers and processes the information on inflation … communicating consistently over the inflation targeting period. This was followed by an assessment of the role of the media in … this dissertation explores the process by which the general public forms its inflation expectations, relying on …

In this paper we decompose nominal interest rates into real risk-free rates, inflation expectations and risk premia … using an affine model that takes as factors the observed inflation rate and the parameters generated in the zero yield curve … countries currently involved in convergence towards EMU. The evidence indicates that inflation expectations and risk premia …