perform poorly when knowledge is imperfect. In particular, policies that fail to maintain tight control over inflation are … prone to episodes in which the public's expectations of inflation become uncoupled from the policy objective and stagflation … effective communication of a central bank's inflation objective and of continued vigilance against inflation in anchoring …

We present estimates of the term structure of inflation expectations, derived from an affine model of real and nominal … yield curves. The model features stochastic covariation of inflation with the real pricing kernel, enabling us to extract a … time-varying inflation risk premium. We fit the model not only to yields, but also to the yields' variance …

the first time publishing microdata from the field of fiscal statistics. The scientific community can use these data to … a research project. In the article entitled De facto anonymised microdata file on income tax statistics 1998, in … Deutschland zum ersten Mal Mikrodaten aus dem Bereich der Finanzstatistik. Die Wissenschaft kann diese Daten nutzen, um politisch …

einen Wert haben, und die Nachfrage der empirischen Forschung nach amtlichen Mikrodaten führten im Jahr 2001 zur Einrichtung … demand for official microdata on the part of empirical economic researchers led to the establishment of the Research Data …

model of inflation determination estimated on the Czech data.We characterize the estimated components of CPI, WPI and import …

We implement a tractable state-dependent Calvo price-setting signal dependent on inflation and aggregate … persistence and variability of inflation shocks under different inflation regimes and then comparing our state-dependent and …

cycle volatility and matching the lack of a long-run relationship between vacancy creation and inflation. With regard to …

Sticky-price models with rational expectations fail to capture the inertia in US inflation Models with backward …-looking expectations capture current inflation behavior but are unlikely to fit other monetary regimes This paper seeks to overcome these … problems with a near-rational model of expectations In the model agents make univariate forecasts of inflation: they use …