The correlation between persistent changes in the markup in one sector of an economy and the inflation rate is …. We find that the correlation is in general positive under an exogenous money growth rule as well as under an inflation … targeting rule. That is, a decrease of the markup leads to a decrease in the CPI-inflation rate. However, if inflation is …

Time series regressions indicate that age structure has significant forecasting power on Swedish inflation. The results … corresponding to the stipulated inflation target. The age model is also considerably better than the consensus forecasts and it is …

increase in conservatism triggers two opposite effects. It reduces the inflation bias of discretionary monetary policy and …