In this paper we evaluate inflation persistence in the U.S. using long range monthly and annual data. The importance of … inflation persistence is crucial to policy authorities and market participants, since the level of inflation persistence … generating process, in order to enhance the robustness of conclusions. Overall, we find that inflation persistence is high from …

heteroscedasticity and panel fixed effects) to estimate the effect of inflation targeting on inflation. Generally, it finds the effect is …

commitment to higher future inflation, as most New Keynesian models imply is necessary; the need for fiscal and monetary policy …

Any measure of unobserved inflation uncertainty relies on specific assumptions which are most likely not fulfilled … indicator for inflation uncertainty. Moreover, our results suggest that using only one individual disagreement measure may be … that higher inflation is followed by higher uncertainty. By contrast, we obtain contradictory results for the individual …

of commodity prices: inflation rate and oil price. Inflation rate was capable of capturing the early dynamics (between … inflation and oil price in the STR model when applied to an index of commodity prices. The paper also provides further insight …

IFS work has looked at how inflation rates varied across different households, using survey data on household expenditure … to calculate RPI-based measures of household-specific inflation. This paper analyses whether CPI-based measures give … the RPI would have changed our previous results on the difference in inflation rates across household groups had they been …