-term inflation-output trade-off, a liquidity effect, countercyclical markups, and procyclical wages and expenditure dispersion across …

predicts a short-term inflation-output trade-off, a liquidity effect, countercyclical markups, and procyclical wages after …

The consensus among central bankers is that higher inflation expectations can drive up inflation today, requiring … tighter policy. We assess this by devising a novel method for identifying shocks to inflation expectations, estimating a semi … data for the United States, we find that a positive inflation expectations shock is deflationary and contractionary …

We examine the responses of prices and inflation to monetary shocks in an inventory-theoretic model of money demand. We … households' money inventories leads to a partially offsetting endogenous reduction in velocity. We also show that inflation …

factors impact the inflation rate. This study delves into the complex relationship between budgetary shocks, economic … uncertainty, and inflation within the context of the Russian economy. The aim of this study is to unravel how budgetary decisions …, made amidst a globally uncertain economic environment, influence inflation dynamics. In other words, the objective of this …

frequency vector autoregression (VAR). It shows that potential causalities for inflation, relative price variability, relative …

interventions on the inflation target policy in Uganda, with the aim of including a target in the framework. By including exchange … costly in terms of the depression (below potential output) that is foregone by targeting inflation alone. In the most recent … SVAR approach reveals that exchange rates did not have significant effect on changes in both inflation and output in the …

restrictions which are not rejected by the data - the cost channel helps to generate an initial rise of inflation after a monetary …

restrictions which are not rejected by the data - the cost channel helps to generate an initial rise of inflation after a monetary …