In the past fifteen years, inflation has been conquered by many advanced countries. History reveals, however, that it … has been conquered before and returned. In The Conquest of American Inflation, Thomas J. Sargent presents a groundbreaking … analysis of the rise and fall of U.S. inflation after 1960. He examines two broad explanations for the behavior of inflation …

Post-covid inflation was predominantly driven by unexpectedly strong demand forces, not only in the United States, but … inflation near its 2-percent target---would have severely hampered an already anaemic recovery …

Using a century of data, we show that Treasury convenience yield and inflation comove positively during the … inflationary 1970s-1980s, but negatively pre-WWII and post-2000. An inflation decomposition reveals that higher supply inflation … predicts higher convenience, while lower demand inflation follows higher convenience. In our model, inflationary cost …

Inflation und erklärt die Funktionsweise nationaler und internationaler Währungssysteme. Dabei zeigt sich, daß die heutigen …