Ciccarelli, Matteo (contributor); Osbat, Chiara (contributor) - 2017
constrained headline inflation for a prolonged period, and there is evidence of an increase in the persistence of inflation and a …After 2012, inflation has been unexpectedly low across much of the developed world and economists speak of a “missing … inflation” puzzle, namely inflation was expected to be higher on the back of an ongoing recovery. This paper investigates the …