In this paper, we estimate trend inflation in Sweden using an unobserved components stochastic volatility model. Using … data from 1995Q4 to 2021Q4 and Bayesian estimation methods, we find that trend inflation has been well-anchored during the … period - although in general at a level below the inflation target - and it does not appear to have been affected much by the …

Using US and EU data, the present paper investigates if the core inflation, the measure of price growth obtained … excluding the more volatile items such as energy and food prices, is a good approxi- mation of the headline inflation that … issue if controlling the core inflation is still useful to anchor the medium-run inflation expectations. Using the wavelet …