investigate the inflation dynamics and the effect of excess liquidity in China. According to the estimation result, some soundly … conclusions can be drawn. Firstly, the empirical results indicate that the HNKPC is consistent with the nature of inflation … dynamics in China, which posits the inflation dynamics as the combination of backward looking adaptive expectations and forward …

expectations under the scenario. The peak response of the 1-year household inflation expectation would be 1.2 percentage points … inflation and rising inflation expectations for years to come. We show that these concerns have been overstated. A $100 oil … scenario of the type discussed by many observers, would only briefly raise monthly headline inflation, before fading rather …

expectations under the scenario. The peak response of the 1-year household inflation expectation would be 1.2 percentage points … inflation and rising inflation expectations for years to come. We show that these concerns have been overstated. A $100 oil … scenario of the type discussed by many observers, would only briefly raise monthly headline inflation, before fading rather …

This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by … including the recent period of the financial crisis. Evidence is based on a cointegration analysis, where inflation and asset … inflation are identified. The results indicate that the equilibrium evolution of M3 is still in line with money demand. In the …

This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by … including the recent period of the financial crisis. Evidence is based on a cointegration analysis, where inflation and asset … inflation are identified. The results indicate that the equilibrium evolution of M3 is still in line with money demand. In the …