Inflation persistence or ‘inertia’ has important consequences for monetary policy. Inflation which does not get … influence on inflation persistence by its credibility and responses in the face of inflationary shocks. In this study, we use a … flexible, time-varying parameter approach to analyze inflation persistence in the United Kingdom and United States during 1880 …

solutions, all have failed as these attempts implicitly assume perfectly-correct inflation statistics. Examining these … assumptions, we discover that not only are the inflation numbers materially flawed, but more so, there are significant incentives … for government entities to under-report inflation. With this, we find that to explain the Equity Premium Puzzle, inflation …

determine when and if a seigniorage-maximizing inflation rate occurred and this way provide a rational on the development of … that the seigniorage-maximizing rate of inflation of the Venezuelan economy occurred around the first quarter of 2016 at a … monthly inflation rate of approximately 13 percent. The implications of this are that when facing the choice of maximizing …

A vector error-correction model (VECM) that forecasts inflation between the current quarter and eight quarters ahead is … found to provide significant leading information about inflation. The model focusses on the effects of deviations of M1 from … output gap and past prices. In out-of-sample forecasts of the eight-quarter inflation rate from 1978 on, the VECM had a mean …

Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …

money growth and inflation in the euro area, and propose a new core inflation measure which takes into account both features …. A comparison with other core inflation measures reveals that the proposed core inflation process is superior in terms of …