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 …

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 …

The present paper compares expected inflation to (econometric) inflation forecasts based on a number of forecasting … expected inflation we develop a recursive filtering algorithm which extracts unexpected inflation from real interest rate data …, even in the presence of diverse risks and a potential Mundell-Tobin-effect. The extracted unexpected inflation is compared …

Trimmed-mean personal consumption expenditure (PCE) inflation does not clearly dominate PCE inflation excluding food … and energy in real-time forecasting of headline PCE inflation. However, trimmed-mean inflation is the superior … communications and policy tool because it has been a less-­biased real-time estimator of headline inflation and because it more …

This paper investigates the accuracy and heterogeneity of output growth and inflation forecasts during the current and …

This paper examines the long-run relationship between consumer price index industrial workers (CPI-IW) inflation and …, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically …-significant inflation-growth threshold effects in the case of states with persistently-elevated inflation rates of above 5.5percent. This …

This paper provides a full characterization of inflation rate forecasts using the mean values from Consensus Economics … for a sample of 14 Latin American countries between 1989 and 2014. It also assesses the performance of inflation rate … forecasts around business cycles' turning points. Results show that inflation forecasts in the region display the standard …