This paper provides an assessment of Euro area inflation dynamics based on the distribution dynamics approach. It is … found that raw series and trends have converged, although the convergence process has not been constant over time. Inflation … cycles still lack of synchronization over short time horizons. In search for an economic explanation for cyclical inflation …

Uncertainty about the future path of inflation affects consumption, saving and investment decisions as well as wage … negotiations and price setting of firms. These decisions are based on inflation expectations which are a key determinant of … inflation in the New Keynesian Phillips Curve. In this paper we therefore explicitly analyse the relationship between inflation …

aggregate demand still can cause significant inflation. …

We discuss the concept of core inflation and its relevance for policymakers and then review a variety of approaches … displayed by U.S. inflation data and discussing conceptual issues around measurement, we provide a unified framework to …

Empirical evidence suggests that considerable differentials in inflation rates exist across households. This paper … investigates how central banks should react to household inflation heterogeneity in a tractable New Keynesian model. We include two … households that differ in their consumer price inflation rates after adverse shocks. The central bank reacts to either an average …

-price changes and the extent to which the fraction of price changes increases with inflation in the U.S. time-series. Though the …

fraction of price changes increases with inflation. In addition, in the presence of strategic complementarities, they predict …