Inflation forecasts are a key ingredient for monetary policy-making -- especially in an inflation targeting country … variables. As such, other variables, e.g. such as alternative measures of inflation that might be of interest to policymakers … inflation variables (both core and non-modeled) in comparison with forecasts reported by other models such as AR(1) …

Over the last two centuries, the cross-spectral coherence between either narrow or broad money growth and inflation at … other countries, thus implying that the fraction of inflation's long-run variation explained by long-run money growth has … systematic velocity shocks and infrequent inflationary outbursts. Based on estimated DSGE models, I show that velocity shocks …