persistence of inflation and the increased importance of backward-looking inflation expectations in some countries may pose risks … 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 …

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 …

fallen bei konstantem Rigiditätsgrad umso höher aus, je geringer die Inflationsrate ist. Für Inflationsraten unter zwei … 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 …

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. …

The purpose of this working paper is to investigate if determinants have an impact on inflation rate in Eurozone …: Inflation rate as a dependent variable, and five independent variables such us: GDP to growth rate, Deficit to GDP rate, Public … Unemployment rate to the dependent variable Inflation rate. From the Linear Regression Model coefficients for inflation rate as a …

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 …