This paper presents a comprehensive examination of the determination and evolution of inflation expectations, with a … focus on emerging market and developing economies (EMDEs). The results suggest that long-term inflation expectations in …. Indeed, in EMDEs, long-term inflation expectations are more sensitive to both domestic and global inflation shocks. However …

The paper examines a wide variety of models forecasting inflation, consumer survey, professional survey, judgmental … mark a return to inflation below central bank targets, but there is no visibility for timing of this development …

We exploit a hidden Markov model where inflation is determined by government deficits financed through money creation … and/or by destabilizing expectations dynamics (expectations can potentially divorce inflation from fundamentals). The … baseline model, proposed by Sargent et al. (2009), is used to analyze the interaction between fiscal deficits, inflation …

We exploit a hidden Markov model where inflation is determined by government deficits financed through money creation … and/or by destabilizing expectations dynamics (expectations can potentially divorce inflation from fundamentals). The … baseline model, proposed by Sargent et al. (2009), is used to analyze the interaction between fiscal deficits, inflation …

This paper estimates a hidden Markov model where inflation is determined by government deficits financed through money … inflation expectations. The estimated sequence of monetized deficits provides an adequate account of inflation for the period … 196994. The paper then extends the model to analyze the possibility that fiscal policy can affect inflation expectations in a …

of the daily percentage change in the S&P 500 on the TIPS spread measuring inflation expectations show little correlation … between asset prices and expected inflation from 2003 until early 2008. However, since early 2008 the correlation between … changes in stock prices and in inflation expectations has been strongly positive and statistically significant …