The Dalio's Economic Market Cycles theory seems to be a proof of a long-standing philosophic theory of civilisation … cycles, which appeared around the XVIIth century in Europe. The Civilisation Cycles theory suggests that each human …-100 years for a big Economic (Market) Cycle?In the following, I would like to give my understanding of the Dalio's theory of …

Empirical evidence suggests that considerable differentials in inflation rates exist across households. This paper … investigates how central banks should react to household inflation heterogeneity in a tractable New Keynesian model. We include two … households that differ in their consumer price inflation rates after adverse shocks. The central bank reacts to either an average …

This paper shows how endogeneous inflation inertia is generated by a simple modificaton of the quadratic adjustment … cost structure faced by economic agents. We derive the pertinent inflation relationships based on purely nominal rigidities … replicate empirical responses to an interest rate shock. -- Inflation Dynamics ; New Keynesian Phillips Curve; Business …

line with empirical evidence, the model predicts a short-term inflation-output trade-off, a liquidity effect …

during and following the recent Great Recession, and that models in which inflation depends on economic slack cannot explain … the recent muted behavior of inflation, given the sharp drop in output that occurred in 2008-09. In this paper, we use a … protracted decline in inflation. The model does so even though inflation remains very dependent on the evolution of both economic …

containing information on real economic activity, inflation, interest rates and Divisia monetary aggregates produces the most …

during and following the recent Great Recession, and that models in which inflation depends on economic slack cannot explain … the recent muted behavior of inflation, given the sharp drop in output that occurred in 2008-09. In this paper, we use a … protracted decline in inflation. The model does so even though inflation remains very dependent on the evolution of both economic …

In this paper, we examine the relationship between the price level and output and the inflation rate and output at … output and between the inflation rate and output. We apply linear filters to the cyclical components, create a time series …