The relationship between inflation and real GDP growth is one of the most widely researched topics in macroeconomics … policy, given the fact that low inflation in combination with high and sustained output growth should be the central … central banks all over the world have selected target levels for inflation and communicated them to the public. Against this …

rise in inflation-expectations in the US, UK and Euro zone. However, evidence on QE’s effect on house prices, stock prices …, UK and Japan. The authors’ analysis finds that QE contributes to the reduction in unemployment in the US and Japan, and a …This volume empirically analyzes the effects of quantitative easing (QE) on interest rates and the economy in the US …

In the paper we propose a new methodological approach to core inflation estimation, based on a frequency domain … principal components estimator, suited to estimate systems of fractionally cointegrated processes. The proposed core inflation … measure is the scaled common persistent factor in inflation and excess nominal money growth and bears the interpretation of …