, employment responses vary across recessions. In the low-inflation recession of 2009, job losses are highly persistent and … entirely driven by workers with pre-recession wages close to the minimum wage floors while in the high inflation recession of …

inflation’s total variation in Mexico. In this context, we study the performance of seasonal time series models to forecast …Since the adoption of inflation targeting, the seasonal appears to be the component that explains the major part of … short-run inflation. Using multi-horizon evaluation techniques, we examine the real-time forecasting performance of four …