Building on the results in Nalewaik (FEDS 2015-93), this work models wage growth and core PCE price inflation as regime … price inflation that becomes much larger after labor markets tighten beyond a certain point. The results are informative for … assessing the likelihood and risks of meeting certain inflation targets on a sustained basis …

The empirical research of the relation between deficits and inflation can be conducted through Granger-causality tests …. The tests made for Portugal, for the 1979:1 1994:4 period, show some evidence that deficits cause inflation. This is true … M2). The stock of internal direct debt is used to build a proxy for the deficit. There is no evidence that inflation …

Building on the results in Nalewaik (FEDS 2015-93), this work models wage growth and core PCE price inflation as regime … price inflation that becomes much larger after labor markets tighten beyond a certain point. The results are informative for … assessing the likelihood and risks of meeting certain inflation targets on a sustained basis …

We use noncausal autoregressions to examine the persistence properties of quarterly U.S. consumer price inflation from … 1970:1-2012:2. These nonlinear models capture the autocorrelation structure of the inflation series as accurately as their … conventional causal counterparts, but they allow for persistence to depend on the size and sign of shocks to inflation as well as …

attain local stationarity and bounded mean values. The model is applied to the analysis of inflation dynamics. Allowing for …

In this paper, I apply univariate and vector autoregressive (VAR) models to forecast inflation in Vietnam. To … properties of inflation in Vietnam. Then, I compute the pseudo out-of-sample root mean square error (RMSE) as a measure of … forecasting models from among the different candidates. I find that VAR_m2 is the best monthly model to forecast inflation in …

model together with long memory are used to examine these features in inflation series for three economies. The results … which compares favourably with that of van Dijk et al. (2002) elicit some interesting attributes of inflation in the …

-zone inflation rates are stationary and others are regime-wise stationary. While such results may reconcile some of the literature …