-curve formulations in the USA, Japan and the euro area. Thick models represent "trimmed mean" forecasts from several neural network …This paper applies linear and neural network-based "thick" models for forecasting inflation based on Phillips …

small set of simple bivariate closed-loop time-series models for the prediction of price inflation and of long- and short …-linear VAR with threshold cointegration based on data from Germany, Japan, UK, and the U.S. Following a traditional comparative …

The canonical New Keynesian model specifies inflation as the present-value of future real marginal cost. This paper … assess the model’s ability to match the behavior of actual inflation. In accordance to the literature, the model fits Euro … and a completely failing model. Allowing for inflation inertia through backward-looking indexation narrows confidence …

The canonical New Keynesian model specifies inflation as the present-value of future real marginal cost. This paper … assess the model’s ability to match the behavior of actual inflation. In accordance to the literature, the model fits Euro … and a completely failing model. Allowing for inflation inertia through backward-looking indexation narrows confidence …

The canonical New Keynesian model specifies inflation …