We study the link between expected inflation and wages using novel panel data from German firms and employees. We find … that pass-through—the percentage point change in wage growth given a one percentage point change in expected inflation … margin, expected inflation has little effect on additional wage negotiations. …

impact of trend inflation on price flexibility, and the relationship between announcement and implementation effects. This is … zero-inflation steady state. We show that a suitable calibration of the model has similar effects on macroeconomic … variables as standard versions of the menu cost model. It replicates the effect of trend inflation on the impulse response to …

We study the link between expected inflation and wages using novel panel data from German firms and employees. We find … that pass-through—the percentage point change in wage growth given a one percentage point change in expected inflation … margin, expected inflation has little effect on additional wage negotiations. …

This paper empirically examines the impact of public debt shocks on output and inflation in 34 emerging market … product (GDP) falls significantly after an unanticipated increase in public debt while inflation rises. We also examine …, while tighter global financial conditions dampen the negative impacts of debt shocks. For inflation, the responses vary …

import demand contributed to the rise in domestic inflation. …

Empirical evidence suggests consumers rely on their shopping experiences to form beliefs about inflation. In other …. Learning by shopping anchors households' beliefs about inflation to its past, causing disagreement with firms over the value of … inflation, increases the degree of anchoring of households' inflation expectations, and flattens the slope of the Phillips curve …

This paper provides novel estimations of a non-linear exchange rate pass-through dependent on inflation for Sweden … inflation regimes, mirroring the dynamics of the economy and capturing regime-specific effects. The results show that the pass …-through from an exchange rate depreciation shock to consumer prices depends on the level of inflation, reaching 17.4% in the high …

the difference by demonstrating that, although the pass-through of marginal cost into inflation is substantial, the … advantage of a marginal cost-based Phillips curve for characterizing the transmission of supply shocks to inflation. …

subsequent sharp rise in inflation, including food price inflation. To better understand the conditions of food insecurity and … the impacts of inflation and other drivers of food insecurity in developing Asia, we carried out a household survey in … to experience food insecurity. Second, households that experienced high inflation, including food price inflation, also …