and services, although the differences are not dramatic. The size of price decreases plays a key role in inflation … and so cancel one another out. -- Price rigidity ; inflation …

We study how within-store price variation changes with inflation, and whether households exploit it to attenuate the … inflation burden. We use micro price data for food products sold by 91 large multi-channel retailers in ten countries between … discounts grew at a much lower average rate than regular prices, helping to mitigate the inflation burden. By contrast …

This paper presents new evidence that a positive association exists between inflation and relative prices and relative … inflation rates in very disaggregated data for the United States over the period 1975 through 1992. There is also evidence that … the response of relative prices and relative inflation rates to inflation varies inversely with the information content of …

Unemployment is low and inflation is falling, but consumer sentiment remains depressed. This has confounded economists … official inflation are strongly correlated with borrowing costs and consumer credit supply. Concerns over borrowing costs … alternative measures of inflation that include borrowing costs and can account for almost three quarters of the gap in US consumer …

investigate the inflation expectations and uncertainties of firms. We document that, in the aggregate, firm inflation expectations … are very similar to the predictions of professional forecasters for national inflation statistics, despite a somewhat … inflation expectations bear little in common with the "prices in general" expectations reported by households. Next we show that …

investigate the inflation expectations and uncertainties of firms. We document that, in the aggregate, firm inflation expectations … are very similar to the predictions of professional forecasters for national inflation statistics, despite a somewhat … inflation expectations bear little in common with the "prices in general" expectations reported by households. Next we show that …

estimates for inflation forecasting both in the short term (one-quarter and one-year ahead) and the medium term (two-year and … measure appears superior to all others in all respects. - Output gap ; real-time data ; euro area ; inflation forecasts ; real …

during and following the recent Great Recession, and that models in which inflation depends on economic slack cannot explain … the recent muted behavior of inflation, given the sharp drop in output that occurred in 2008-09. In this paper, we use a … protracted decline in inflation. The model does so even though inflation remains very dependent on the evolution of both economic …

We examine both the degree and the structural stability of inflation persistence at different quantiles of the … conditional inflation distribution. Previous research focused exclusively on persistence at the conditional mean of the inflation … rate. As economic theory provides reasons for inflation persistence to differ across conditional quantiles, this is a …

pronounced increase of aggregate US producer price inflation. …