that the inflation bias can persist even when the central bank commits. A simple model is presented in which the central … bank precommits by setting the policy instrument, and the subsequent adjustment of inflation expectations is part of the … transmission mechanism. Generally there is still an inflation bias, despite the absence of a time-inconsistency problem. It is …

-elastic inputs for foreign producers. It is argued that due to high domestic inflation and substantial real appreciation of the …

find a high degree of downward nominal wage rigidity, which for rates of inflation lower than three percent is shown to …

and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …

usually more costly. In times of high inflation, not only budget constraints but also the fear that prices will continue to …, positively correlated with concerns about climate change. It is also negatively correlated with concerns about future inflation …-median environmental attitude. In the framed field experiment, we use the priming method to manipulate the saliency of inflation concerns …

revealed that increased inflation and Bank Rates, related to the cost-of-living crisis, were associated with greater …

Global inflation has surged to 7.5 percent in August 2022, from an average of 2.1 percent in the decade preceding the … factors to the post-pandemic rise in consumer price inflation, using monthly data and a battery of econometric methodologies … inflation dynamics throughout Europe, country-specific factors, including monetary and fiscal policy responses to the crisis …