.S. inflation. We examine the overall performance of Phillips curves relative to some well-known benchmarks, the efficiency with … which the Federal Reserve’s Greenbook forecasts of inflation use real activity information, and shifts in the key … determinants of the reduced-form triangle modelʺ of inflation. We develop a structural model-based interpretation of observed …

This paper studies inflation persistence with time-varying coefficient autoregressions for twelve central European … countries,in comparison with the United States and the euro area. Inflation persistence tends to be higher in times of high … inflation. Since the oil price shocks, inflation persistence has declined both in the US and euro-area. In most central and …

.S. inflation. We examine the overall performance of Phillips curves relative to some well-known benchmarks, the efficiency with … which the Federal Reserve's Greenbook forecasts of inflation use real activity information, and shifts in the key … determinants of the reduced-form 'triangle model' of inflation. We develop a structural model-based interpretation of observed …

the observed time series. We develop a simulated maximum likelihood estimation method based on importance sampling and … applied to quarterly and monthly US inflation in an empirical study. We find that the persistence of quarterly inflation has … and density forecasts for monthly US inflation …

This article studies inflation persistence with time-varying coefficient autoregressions for twelve central European … countries, in comparison with the United States and the euro area. Inflation persistence tends to be higher in times of high … inflation. Since the oil price shocks, inflation persistence has declined both in the US and the euro-area. In most central and …

This paper investigates the stability of relationships between inflation and changes in employer cost for labor using … to studies which have found only one-way causality, this paper presents empirical evidence of feedback between inflation …

estimates are obtained using an extremum estimation method which is applied in the frequency domain. Such an estimator has the … most countries, and once we control for a lagged inflation term, we find that the majority of the price setters are …

is to test whether the PPP Theory holds in the case of the Republic of Croatia and whether the PPP Theory is an … its long-run value. The PPP Theory in the Republic of Croatia has been tested using methods of cointegration analysis. Two …

persistence estimates than a RER based on the disaggregated formula suggested by PPP theory. Using a novel dataset with a daily …