In a recent paper, Atkeson and Kehoe (2004) demonstrated the lack of a robust empirical relationship between inflation … relationship by allowing for inflation and growth to have a nonlinear specification dependent on inflation levels. In particular …, we allow for the possibility that high inflation is negatively correlated with growth, while a positive relationship …

and inflation in the member countries. Stress in a country is defined as the difference between the country's actual short …

economic performance under inflation targets, and arguments that the flexible exchange rate has undermined real economic …

Several empirical studies have suggested that the Bundesbank has pursued inflation targets rather than monetary targets …, the significance of this coefficient drops to 10 percent. By contrast, deviations of the inflation rate from the inflation …. This result holds regardless of whether the lagged or the currently expected inflation rate is employed. The results are …

Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …

situation helps to explain the surge in the country's inflation and its very high growth in financial condition from late 2007 …

Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …

This paper provides evidence of de-anchoring of long-term inflation expectations in the euro area based on both time … series and panel methods and data from the ECB Survey of Professional Forecasters. Long-term inflation expectations recorded … two sharp and permanent declines: the first after the 2013 disinflation, the second in early 2019. Long-term inflation …

The main objective of this study is to empirically examine the relationship between inflation and economic growth in … relationship between inflation and GDP growth is non-linear with a subsistence of a breakpoint, which means the inverted U …-shape curve. Moreover, the Granger Causality shows that economic growth does granger cause inflation. The empirical result …