During the recovery from the Great Recession, inflation did not reach the central bank's 2 percent objective as quickly … contestable and damped retail inflation. This hypothesis is tested using data on the online share of retail sales, which are … sensitivity of inflation to unemployment rate changes. Improvement in fit from just including the online share is tiny—so far …

relation between their current wages and their past wages, adjusted for inflation. We call this the post-crisis Phillips Curve …In this paper we test a new empirical relationship between wage and inflation. We introduce the concept of a cumulative …. The shape of the post-crisis Phillips Curve expresses the theoretical assumption that the inflation rate stays below its …

Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is … to maintain their real wages by reducing labor demand still further. Furthermore, we argue inflationary pressures have …

conclusion is to make wages and the nominal exchange rate anchors for the price level, which implies that nominal wages should … increase according to trends in productivity and the target inflation rate of the central bank. Wage developments without …

This paper examines the role of inflation expectations in Solomon Islands, a Pacific Island Country, using the Hybrid … matter for inflation. Fuel prices and output gap are important indicators of current inflation. The study highlights key … through effect onto domestic prices. Studies on the role of inflation expectations in small, open, economies of the Pacific …

' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …

results suggest that euro-area inflation forecasts have reacted less to unemployment forecasts after the start of the … financial crisis but another cost measure (energy inflation) remains significant. This finding is consistent with a flatter … better anchoring of inflation expectations and increases in structural unemployment do not seem to find support in the survey …

In the presence of downwardly rigid nominal wages, low inflation may lead to higher equilibrium unemployment by …Bei Vorliegen nach unten starrer Nominallöhne erschwert niedrige Inflation Reallohnanpassungen und führt so … Auswirkungen bei sehr niedriger Inflation nicht zu vernachlässigen sind. Die Ergebnisse dieser Literatur sollten daher bei der …

rates on domestic inflation, which may have contributed to differences in policy stances during the boom in commodity prices …, they cannot explain them all.<P>Réponse de l'inflation aux chocs récents : Les pays du G7 diffèrent-ils les uns des autres … certain nombre de différences dans l'impact estimé des prix à l'importation des produits de base et des taux de change sur l'inflation …

aggregate inflation and the higher-order moments of the distribution of relative price changes. Our empirical findings confirm … explanatory variable for the inflation rate. Further, the skewness measure also helps to explain shifts in the Phillips curve …