In general, central banks are concerned with keeping the inflation rate stable while also sustaining output close to an … efficient level. Under "inflation targeting", forecasts of the evolution of the general price level are an essential input for … policy decisions and these are usually released in quarterly "Inflation Reports". The costs and benefits of transparency in …

inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …

Ireland and Switzerland both had rising inflation during the early 1970s, but their experiences diverged thereafter, so … that they form a rare example of two countries whose inflation rates are poorly correlated with one another over the Great … Inflation period. In addition, each of the two countries' records is anomalous in important respects relative to other economies …

igniting inflationary pressure. In this paper the evidence for a change in the relationship between inflation and unemployment … impact of including explicit inflation expectations is also considered. This channel has not been explored in previous work … based on Kalman filter estimates of the NAIRU for the United States and United Kingdom. Inflation expectations are found to …

Using monthly headline inflation data covering 184 countries for the period between 1971:M1 and 2020:M12, this paper … investigates the role of standard gravity variables on inflation convergence across bilateral countries. The convergence analysis … proximity between countries increases the probability of inflation convergence, where the effects of having a common currency …

. Based on cointegration tests, we find a long-run equilibrium relationship between financial development and real price level …