cent over a two-year horizon. Both cyclical (subdued demand) and structural (decline in level of inflation) factors have …

For many developing countries, historical inflation figures are rarely available. We propose a simple method that aims … to recover such figures of inflation using prices of postage stamps issued in earlier years. We illustrate our method for … Suriname, where annual inflation rates are available for 1961 until 2015, and where fluctuations in inflation rates are …

. Adding inflation as a second variable, we uncover two states in which expected consumption growth is low, one with high and … one with negative expected inflation. Embedded in a general equilibrium asset pricing model with learning, these dynamics …

This study empirically addresses claims about the effects of strikes on output growth, inflation, and non … any case, this was not contested. Our findings, however, contradict the claims that strikes ensue inflation and …-agriculture employment but has no effect on inflation. The inflation finding suggests that strikes do not cause a wage-price spiral because …

Background: Hedging against inflation assumes instruments such as gold, stocks, fixed income securities, and real … estate. There still exists a lack of appropriate strategy to hedge against inflation. Objectives: This paper examines the … possibilities for hedging against inflation in Croatia offered by the Zagreb Stock Exchange indices. Methods/Approach: Based on …

A key application of long memory time series models concerns inflation. Long memory implies that shocks have a long … such level shifts are not unlikely for inflation, where the shifts may be caused by sudden oil price shocks, we examine … whether evidence for long memory (indicated by the relevance of an ARFIMA model) in G7 inflation rates is spurious or …

consistent with the official monetary policy. Second, we seek to shed light on the inflation process of these countries. To this … end, we carry out an estimation of an open economy Philips curve (PC). Our main finding is that inflation rates were not … monetary arrangements for price stability. The analysis of the conditional inflation variance obtained from GARCH estimation of …

consider U.S. inflation dynamics. A purely noncausal AR model gets the strongest support, but there is also substantial … evidence in favor of other noncausal AR models allowing for dependence on past inflation. Thus, although U.S. inflation … specifications seem to yield inflation forecasts which are superior to those from alternative models especially at longer forecast …

ability to describe the US inflation data. Specifically, the model allows for long memory in the conditional mean formulation … yields a good description of the salient features, including skewness and heteroskedasticity, of the US inflation data …