and forecast inflation out-of-sample by analyzing a New Keynesian Phillips Curve (NKPC) in the frequency domain. In …Policymakers and researchers see inflation characterized by cyclical fluctuations driven by changes in resource … utilization and temporary shocks, around a trend influenced by inflation expectations. We study the in-sample inflation dynamics …

breaks in the performance of most simple Phillips curves. Euro area inflation was particularly hard to forecast in the run … in a forecaster's toolkit. We base these conclusions on an extensive forecast evaluation over 1994 - 2018, an … practitioners, we find that: (i) the key type of time variation to consider is an inflation trend; (ii) a simple filter-based output …

agreed. In short, forecasting inflation is of foremost importance to households, businesses, and policymakers. In 2016, the … desired policy goals. This paper develops a group of models to forecast inflation in Argentina and conducts a comparison of …In general, central banks are concerned with keeping the inflation rate stable while also sustaining output close to an …