direction as the oil price. The responses of inflation expectations and wage growth point to second-round effects as a potential … patterns in economic activity and inflation following oil price shocks in the euro area. In the normal regime, oil price shocks … followed by sizeable and sustained macroeconomic fluctuations, with inflation and economic activity moving in the same …

Historians have suggested there were waves of inflation or price revolutions in the UK (and earlier England) in the 13 …th, 16th, and 18th centuries, prior to the ongoing inflation since 1914. We study retail price inflation since 1251 and … volatility. The long-horizon forecasts suggest only one inflation wave, that of the 20th century. We also use the model to …

outperforms popular benchmarks and is at par with the Survey of Professional Forecasters in forecasting inflation. Real rates … inflation-indexed bond market. Finally, we find a pronounced declining pattern in the inflation risk premium that illustrates … of total inflation to price nominal Treasuries. This approach captures different frequencies in inflation fluctuations …