changes in inflation rates, but, possibly, also to investors' behavior. Secondly, we show that the special US dollar status of …

changes in inflation rates, but, possibly, also to investors' behavior. Secondly, we show that the special US dollar status of …

and public information when building inflation expectations in Brazil. The main results are: (i) forecasters attach more …

In this paper we explore the role that exchange rate interventions may play in determining inflation expectations in … Chile. To that end, we consider a set of nine deciles of inflation expectations coming from the survey of professional …

In this paper we explore the role that exchange rate interventions may play in determining inflation expectations in … Chile. To that end, we consider a set of nine deciles of inflation expectations coming from the survey of professional … a significant, but relatively short-lived, impact on the distribution of inflation expectations at long horizons. On the …

uncorrected, must cause inflation, but the imbalance may get corrected in the future with some probability. By maintaining price …

, however, is the incompleteness of its reform process: the boom-bust nature of its growth, persistently high inflation, delays …, to reduce inflation to single digits by the end of 2002. Since then, though, Turkey has experienced two financial crises … and redesigned its stabilization program to bring inflation down more gradually. This collection analyzes the nature of …

This paper reinvestigates the performance of trimmed-mean inflation measures some 20 years since their inception … measures in forecasting headline inflation. …

Survey-based expectations are mostly used by monetary authorities for inflation forecasts and evaluation of the … credibility of their inflation fighting policies. It is also an important link in the monetary policy transmission mechanism. This … study examined the predictive ability of business expectations survey (BES) inflation index on movements of inflation as …