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A fiscal theory of trend inflation

Bianchi, Francesco; Faccini, Renato; Melosi, Leonardo - 2022

Persistent link: https://www.econbiz.de/10013455420

Expectations and macroeconomic fluctuations in the euro area

Girardi, Alessandro - In: Economics letters 125 (2014) 2, pp. 315-318

Persistent link: https://www.econbiz.de/10010505294

Rational inattention, menu costs, and multi-product firms : micro evidence and aggregate implications

Yang, Choongryul - In: Journal of monetary economics 128 (2022), pp. 105-123

Persistent link: https://www.econbiz.de/10013395988

How do agents form macroeconomic expectations? : evidence from inflation uncertainty

Wang, Tao - 2024 - Last updated: February 16, 2024

This paper studies the behaviors of uncertainty through the lens of several popular models of expectation formation. The full-information rational expectations model (FIRE) predicts that both the ex ante uncertainty and the variance of ex post forecast errors are equal to the conditional...

Persistent link: https://www.econbiz.de/10014475397

The market for inflation risk

Bahaj, Saleem; Czech, Robert; Ding, Sitong; Reis, Ricardo - 2023

Persistent link: https://www.econbiz.de/10014330123

Dynamic effects of monetary policy shocks on macroeconomic volatility

Mumtaz, Haroon; Theodoridis, Konstantinos - 2015

We use a simple New Keynesian model, with firm specific capital, non-zero steady-state inflation, long-run risks and … rate by 150 basis points causes output and inflation volatility to rise around 10% above their steady-state standard … deviations from the policy rule and the results are re-enforced by the presence of non-zero trend inflation. …

Persistent link: https://www.econbiz.de/10011389786