financial conditions have some inflation forecasting ability over the monetary policy relevant two to three-year horizon during …

gap and inflation for the Turkish economy using data from 2002:01 to 2021:09. First, it analyses the cointegration by …. The results also show asymmetric causality running from positive (negative) output gap to positive (negative) inflation … shock, and running from negative inflation shock to negative output gap shock. The overall findings indicate the importance …

In this paper, we examine whether domestic or global output gap affects inflation in three panels: the European Union … inflation in individual countries of the European Union. To find the determinants of inflation, we employ the Granger causality … show that after the crisis the global output gap predicts the evolution of inflation in the Eurozone panel. On the other …

, to assess the Phillips curve's ability to explain inflation dynamics over a wide variety of circumstances, over the 150 … years of the country's history. In Italy, the relation linking inflation with the cyclical situation in the economy emerged …

We incorporate adaptive learning-based inflation expectations in an Unobserved Components model in order to study the … link between inflation and the output gap. The forward-looking New Keynesian Phillips curve serves as the backbone for … modeling inflation dynamics. We find that learning based inflation forecasts not only shadow survey expectations in the pre …

inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad … money), and monetary aggregates, with regard to Indonesia's GDP variables and inflation. This paper uses threshold vector … identified two groups of upper regime and lower regime world variables-namely, world inflation, world GDP, and world commodity …

useful for predicting inflation. In addition, countries where slack (and potential growth) is overestimated to a larger …