. Previous literature has highlighted the role of an economy's "structure" - such as its inflation volatility, inflation rate …, forecasts predicting how a given exchange rate movement will impact inflation at a specific point in time should take into …

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 …

Inflation is determined by interaction between real factors and monetary policy. Among the most important real factors …-sector New Keynesian model to decompose the behavior of U.S. inflation into contributions from sectoral (or "relative price … the post-1994 period in which inflation and the monetary policy regime appeared to be stable. In addition to providing a …

A major challenge for monetary policy has been predicting how exchange rate movements will impact inflation. We propose …

A major challenge for monetary policy has been predicting how exchange rate movements will impact inflation. We propose …

A major challenge for monetary policy has been predicting how exchange rate movements will impact inflation. We propose …

, inflation and unemployment, we detect a wrong sign in the response of inflation to contractionary monetary policy shocks … 1999-2019, when the Federal Funds Rate and the Euro-Dollar exchange rate are added to the VAR model inflation shows … significant unemployment inflation trade-off emerges. These conclusions are confirmed by using industrial production instead of …