The recent rise in price pressures around the world has reignited interest in understanding how inflation transmits to … the real economy. Economists have long recognized that unexpected surges of inflation can redistribute wealth from …, which we call the debt-inflation channel, is well understood theoretically (for example, Gomes, Jermann, and Schmid 2016 …

estate, as well as the costs of public goods to develop alternative inflation measures in Germany since the introduction of … the euro. Real economic growth as well as median wage developments are reexamined in light of the alternative inflation …

estate, as well as the costs of public goods to develop alternative inflation measures in Germany since the introduction of … the euro. Real economic growth as well as median wage developments are reexamined in light of the alternative inflation …

. Steigen sie, steigt auch die gefühlte Inflation. In der Inflationsmessung der EZB spielen sie für den Euroraum bisher aber … erklären können, warum die von den Haushalten gefühlte Inflation in den vergangenen Jahren deutlich über der offiziellen … Inflation - könnte helfen, die Glaubwürdigkeit der EZB und ihrer Politik zu stützen. …

The present paper uses survey data on expected consumer price developments to analyse the role of inflation … expectations in the inflation process. The survey measures of price expectations are derived from the European Commission … estimates of the New Keynesian inflation model presented here underscore the importance of inflation expectations for the short …

regimes: (1) very low inflation or deflation, and (2) high inflation. Specifically, we determine the information content of … high asset prices more often signal high inflation than low inflation/deflation. However, in some countries, high asset … prices and low bond yields are a significant indicator of low inflation or deflation as well. The transmission time of …

inflation. We exploit cross-country variation in a long panel to identify age structure effects in inflation, controlling for … increases. This relationship accounts for the bulk of trend inflation, for instance, about 7 percentage points of US … disinflation since the 1980s. It predicts rising inflation over the coming decades …

-long spell of low inflation. We identify age structure effects on inflation from cross-country variation in a panel of 22 … is disinflationary. This relationship accounts for the bulk of trend inflation, for instance, about 7 percentage points … of US disinflation since the 1980s. It predicts rising inflation over the coming decades …

. Steigen sie, steigt auch die gefühlte Inflation. In der Inflationsmessung der EZB spielen sie für den Euroraum bisher aber … erklären können, warum die von den Haushalten gefühlte Inflation in den vergangenen Jahren deutlich über der offiziellen … Inflation - könnte helfen, die Glaubwürdigkeit der EZB und ihrer Politik zu stützen. …