resolver este problema ; In this paper we look at global inflation trends over the last decade and try to disentangle factors … that could explain the ultra-low levels of inflation during the recovery from the Great Recession. We review the literature … inflation’s reduced cyclical sensitivity to domestic economic slack, a bigger role being played by forward-looking inflation …

average forecast accuracy of models that incorporate information on inflation expectations from the ECB’s SPF and Consensus … Economics compared to their counterparts that do not. The gains in forecast accuracy from incorporating inflation expectations … countries). The analysis is undertaken for headline inflation and inflation excluding energy and food and both point and density …

The main subject is the examination of the different strategies employed by Lithuania, Poland and Hungary during the …

This work contains three papers employing common factor methodologies to economic forecasting for Estonia. The methods … last paper also investigates Inflation dynamics and potential output estimation. …

Inflation sinkt.Das Anliegen des zweiten Beitrags, Abwärtsnominal- und Tariflohnstarrheit in Deutschland, ist, sowohl nach unten … implications of the downward nominal wage rigidity—under a constant degree of rigidity—increase for lower inflation rates. For … inflation rates less than two per-cent the real implications are non-negligible. Additionally, the degree of rigidity itself …

information content of alternative inflation expectations measures, including those from consumers, firms, experts and financial … varies substantially across inflation expectations measures. In particular, we find that those from consumers and firms are … better at predicting inflation if compared to those from experts and, especially, those from financial markets. …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth", describing the … able to work themselves out fully. In this context, monetary shocks have a gradual and delayed effect on inflation, and … permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff …

Artículo de revista ; This article analyses the link between the changes in and the drivers of inflation in a broad … range of advanced economies, with special emphasis on those of the euro area. Inflation rates are seen to be highly … common monetary policy. Also, the comovement of inflation is found to be a phenomenon that tends to be more visible in the …

the Spanish economy. On the basis of these variables, composite indicators are calculated that proxy inflation … expectations, the degree of slack in the economy and other inflation pressures, domestic and external alike. On the information … analysed, the recent period of low inflation in the Spanish economy is estimated to have come about in a setting in which …