This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed … from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation … Search Index (GISI) is assessed relative to 37 other indicators of inflation expectations – 36 survey measures and the TIPS …

movements in aggregate output and inflation in response to a nominal shock. Two modifications of a standard one-quarter pre …, simulations based on estimated shocks to tfp and money growth suggest both output and inflation are too volatile relative to the …

inflation and the unemployment rate in Australia. The implied time-varying equilibrium unemployment rate was generated and the …

firms) and a measure of wage entitlement are critical to fit the dynamic responses of hours, wages and inflation to various … significant fall of inflation and nominal wage growth in response to a neutral technology shock. …

inflation to various exogenous shocks. Aggregate employment conditions (measuring workers’ outside option), on the other hand …

firms) and a measure of wage entitlement are critical to fit the dynamic responses of hours, wages and inflation to various … significant fall of inflation and nominal wage growth in response to a neutral technology shock. …

inflation to various exogenous shocks. Aggregate employment conditions (measuring workers' outside option), on the other hand …

firms) and a measure of wage entitlement are critical to fit the dynamic responses of hours, wages and inflation to various … significant fall of inflation and nominal wage growth in response to a neutral technology shock. …

model of the relationship between inflation and the level of real economic activity over the 1949-1998 period and find no … scala mobile, the rigid indexation mechanism aimed at protecting wages from inflation contributed to the persistent … inflation bias that Italy experienced almost until its entry into the EMU. …

of an inflation, induced primarily by monetary forces, when nominal wages failed to keep pace with the rise in consumer …