Federal Reserve Bank of Chicago. This guide describes its specification, estimation, dynamic characteristics, and how it is … wage inflation, the data are measured in a model consistent way, and market-expected interest rates are used to measure the …

The purpose of the present paper is to investigate the structure and dynamics of professionals' forecast of inflation … multi-period forecast and, thereby, the expected momentum of inflation. Using number survey-based data for the US and UK, we …

variance decomposition of US inflation. We also find that domestic currency has higher share of the forecast error variance …

interpretable factors, e.g., real activity factor, unemployment factor and such, are each given shocks along with policy shock to …

The purpose of this paper is to investigate the nature of professionals’ inflation forecasts inattentiveness. We …

We have studied the comparative performance of a number of interest rate spreads as predictors of the German inflation … three of the interest rate differentials also foreshadowed the long swings in the German inflation rate remarkably well with …

Potential links between inflation, (t), and unemployment, UE(t), in Germany have been examined. There exists a … negative relation between inflation and unemployment with the latter leading the former by one year: UE(t-1) = 1.50(t) + 0 ….116. Effectively, growing unemployment has resulted in decreasing inflation since 1971, i.e. for the period where GDP deflator …