This paper examines the role of inflation expectations in Solomon Islands, a Pacific Island Country, using the Hybrid … matter for inflation. Fuel prices and output gap are important indicators of current inflation. The study highlights key … through effect onto domestic prices. Studies on the role of inflation expectations in small, open, economies of the Pacific …

We analyse the determinants of the inflation trends in ten Southeast European (SEE) countries. Global cost …-related factors and euro area inflation developments play an important role in explaining inflation dynamics in SEE countries. Changes … exchange to the euro area (EA) market appear to be susceptible to inflation spillovers from the euro area. Moreover, nominal …

We analyze the determinants of the inflation trends in ten Southeast European (SEE) countries. Global cost …-related factors and euro area (EA) inflation developments play an important role in explaining inflation dynamics in SEE countries … exchange to euro area market appear to be susceptible to inflation spillovers from the euro area. Moreover, nominal effective …

increase according to trends in productivity and the target inflation rate of the central bank. Wage developments without …

This paper investigates the drivers of inflation in 34 Organization for Economic Cooperation and Development countries … costs are a major source of price instability, whereas massive cash transfers generate demand-pull inflation. Moreover …

' PC (relating the level of the inflation rate, not the change in this rate, to the rate of unemployment); and the …

resulting Phillips curve involves lagged inflation and lagged expectations. It nests the Calvo NKPC as a limiting case in the … inflation always has negative coefficients, thereby making it impossible to interpret inflation persistence as intrinsic. The … numerical evaluation shows that the increasing hazard function leads to hump-shaped impulse responses of inflation to monetary …

This paper demonstrates that tractability gained from the Calvo pricing assumption is costly in terms of aggregate … inflation and real rigidity. Analytically, I find that important dynamics in the NKPC are canceled out due to the restrictive … Calvo assumption. I also present a general result, showing that, under certain conditions, this generalized Calvo pricing …

-looking Euler equation ; time-varying trend inflation …