We tackle two questions in this paper: In the sovereign debt crisis, what moves the euro area inflation outlook and has … the firm anchoring of medium to long-term inflation expectations been touched? Deriving densities from a new data set on … options on the euro area harmonized index of consumer prices provides us with the full distribution of inflation expectations …

Well-anchored inflation expectations have become a key indicator for the credibility of a central bank’s inflation … target. Since the outbreak of the recent financial crisis, the existence and the degree of de-anchoring of U.S. inflation … degree of U.S. inflation expectations anchoring. We confirm that inflation expectations have been partially de …

The theoretical foundation of inflation targeting was laid out by the Swedish economist Knut Wicksell (1851-1926) in … as the rule for monetary policy. Today, inflation targeting is considered the best-practice approach to monetary policy … across the world. It has contributed to stable and low consumer price inflation since the 1990s in many countries. However …

inflation expectations increased leading to fears of their un-anchoring. Using the first principal component of commodity prices …. Using a Phillips Curve framework we find a structural change after the collapse of Lehman Brothers when inflation …

July 9, 2019 – Inflation ... …

financial conditions have some inflation forecasting ability over the monetary policy relevant two to three-year horizon during …

crisis is empirically examined. The standard model for themonetary analysis of inflation, i.e. the P-Star model by Hallman … long run dynamics of CPI inflation inIndonesia remarkably weIl. Hence, there is an empirical support for the assertion that …