years of historical monthly returns, this study examines Bitcoin’s hedging capabilities with respect to inflation measures … following the Fisher hypothesis. Short-term interest rates are used to split the ex post observed inflation into an ex ante … show that Bitcoin has partial hedging capabilites against expected inflation in specific countries. In a cross …

, rating inflation, a phenomenon in which average ratings increase and their variance across listings decrease, threatens the … informativeness of ratings. We empirically identify the consequences of rating inflation by conducting a quasi-experiment with a … inflation. Using a differences-in-differences approach, we find that platforms benefit from one aspect of rating inflation: an …

variables also significantly reduce inflation in both the short and long run. Given the actual changes in these factors in the … inflation in the latter half of the last decade …

We empirically investigate the costs and benefits of going from low inflation to price stability in the case of Germany … reducing the trend rate of inflation by 2 percentage points exceeds the temporary costs in terms of output losses is below 0 ….3% of GDP. We analyze the welfare implications of the interactions even of moderate rates of inflation with the distorting …

rate of inflation could affect the overall long-run rate of growth of the economy. The first of these is through nominal … money supply are studied. It is found that both the welfare costs of inflation and its growth effects are quite small at low … to moderate levels of inflation. However, at rates of inflation that are high by U.S. standards but not uncommon in …

, this paper also asks whether faster productivity growth reduces inflation, raises nominal wage growth, or raises profits …. We find that an acceleration or deceleration of the productivity growth trend alters the inflation rate by at least one …

inflation debate will continue for time being as it seems more a supply side problem rather than a demand side. The commodity … re-plan on inflation front. Meanwhile, liquid starved banking sector will have to bear the burden and with no option left …

This paper highlights the institutional features of the inflation process and contrasts two stabilization efforts in … 1964-66 and in 1986.The inflation process in Brazil is highly institutional. It does not resemble hyperinflations where … pricing and wage setting are geared to the exchange rate by the hour, making it possible to stop inflation by simply …

This paper analyzes the long-run determinants of inflation differentials in a monetary union. First, we aim at … establishingsome stylized facts relating the regional dispersion in headline inflation rates in the euro area as well as in the main … the primary cause of price and inflation differentials, with shocks to productivity in the traded sector being largely …

affect international comparisons of inflation and output growth. The traditional problem of substitution bias in the Consumer …