responds to inflation and output volatility, especially during economic crises. This framework offers a promising alternative …

are now attempting to lower debt ratios. We analyze past debt reduction episodes and find inflation and the real interest … rare. Interestingly, inflation episodes tended to be with independent central banks and low real interest rates …

This paper explores the effect of inflation supply and demand shocks on government debt. It identifies the shocks using …

and third chapter. The method presented in the first chapter contributes to analyses of inflation inequality. The method … presented in the third chapter contributes to analyses on how the economy responds to shocks. The inflation inequality discussed …

We leverage the inflation upswing of 2022 and various granular datasets to identify robust price-setting patterns … for interpreting recent inflation dynamics …

. This is an advantage over monetary policy, which can only influence inflation indirectly by shifting the IS curve. In the …