We evaluate the performance of inflation forecasts based on the open-economy Phillips curve by exploiting the spatial … pattern of international propagation of inflation. We model these spatial linkages using global inflation and either domestic … spatial interactions yields significantly more accurate forecasts of local inflation in 14 advanced countries (including the U …

produces forecasts of US inflation that are significantly more accurate than the forecasts based on US money growth, Phillips … horizons. Results are robust to alternative measures of inflation …

We evaluate the performance of inflation forecasts based on the open-economy Phillips curve by exploiting the spatial … pattern of international propagation of inflation. We model these spatial linkages using global inflation and either domestic … incorporating spatial interactions yields significantly more accurate forecasts of local inflation in 14 advanced countries …

on monopoly markup fall short since inflation remained low after 2009. This paper contributes strong evidence of Granger …

accelerating inflation and slowing economic growth. The decline in GDP growth in most G-20 countries has been influenced, among …

The study investigates the existence and extent of information rigidity in inflation forecasts among 25 developed and … gathering picking up during the recession period. We also find that forecast revisions depend on both own country and cross …-country lagged revisions. Therefore, one source of information rigidity is not to incorporate overseas events in forecast revisions …