Using the statistical technique of fuzzy clustering, regimes of inflation and unemployment are explored for the United … inflation/unemployment space. There is considerable similarity across the countries in both the regimes themselves and in the … timings of the transitions between regimes. However, the typical rates of inflation and unemployment experienced in the …

Over the last two centuries, the cross-spectral coherence between either narrow or broad money growth and inflation at … other countries, thus implying that the fraction of inflation’s long-run variation explained by long-run money growth has … correspondence with the inflationary outbursts associated with World War I and the Great Inflation–but not World War II …

and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …

This paper investigates the impact of revisions in inflation expectations on the prices of UK inflation-indexed and … conventional government bonds with a vector autoregressive (VAR) model. Downwards revisions of inflation expectations are … affected. This suggests that indexed bonds protect investors against inflation while nominal bonds are exposed to changing …

experts? inflation expectations, we find that the model adequately captures the dynamics of household inflation expectations …

for inflation. We find that these forecasts do not contain the intended information. Rather, they either have no …

policy, including local approximations to the mean, persistence, and volatility of inflation. We present diverse sources of … uncertainty that impinge on the posterior predictive density for inflation, including model uncertainty, policy drift, structural … shifts and other shocks. We use a recently developed minimum entropy method to bring outside information to bear on inflation …

inflation. …

inflation. We use two methods; the first calculates UK weighted world export price inflation as the sum of the effect of the … inflation level in the UK's trading partners and the effect of substituting imports from more expensive countries with imports … from countries with lower price levels. The second estimates these two effects on UK inflation using panel regressions. The …