Global developments play an important role in domestic inflation rates. Previous literature has found that a … substantial amount of the variation in a large set of national inflation rates can be explained by a single global factor. However …, inflation volatility has been typically neglected, while it is clearly relevant both from a policy point of view and for …

The study investigates the existence and extent of information rigidity in inflation forecasts among 25 developed and …

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 …

Inflation dynamics have been difficult to explain over the last decade. This paper explores if a more comprehensive … treatment of globalization can help. CPI inflation has become more synchronized around the world since the 2008 crisis, but core … and wage inflation have become less synchronized. Global factors (including commodity prices, world slack, exchange rates …

) models, with and without financial frictions, for output growth and inflation in the period 1992 to 2011. We find strong …

Survey of Professional Forecasts for the US are also investigated. We examine internal consistency of individual inflation … respondents. Our analysis indicates that individual forecasters deviate systematically from each other. Moreover, inflation … according to the hybrid specification of the New Keynesian Phillips curve. The results also indicate that inflation uncertainty …

) models, with and without financial frictions, for output growth and inflation in the period 1992 to 2011. We find strong …

for output growth and inflation from 1992 to 2011. We find strong evidence of time variation in the pool's weights …