Inflation und auch höhere Zinsen nicht nur temporär, sondern mittelfristig wieder möglich sind: De … eine Destabilisierung der Inflationserwartungen zu verhindern. Längerfristig könnte dieses Umfeld aus höherer Inflation und … Geldpolitik führen, deren Schwerpunkt dann wieder auf der Verhinderung von hoher Inflation und weniger im Verhindern von …

special emphasis on inflation as a variable of interest for an emerging country, an underdeveloped financial market, and a … that examine the relationship between the rate of return on assets and inflation. We focus our empirical analysis in an … determinant in reference to the effect of the inflation and the exchange rate variables on stocks' performance. …

We quantitatively analyze the way inflation alters the inequality of the income distribution in the U.S. economy. The … main mechanism emphasized in this paper is the bracket creep effect according to which inflation pushes income into higher …, we study time series from the U.S. economy. As our central result we find that irrespective of the level of inflation …

We study how investors respond to inflation combining a customized survey experiment with trading data at a time of … historically high inflation. Investors' beliefs about the stock return-inflation relation are very heterogeneous in the cross … otherwise well-informed about inflation and asset returns. Consequently, whereas exogenous shifts in inflation expectations do …

-kinked demand schedule for goods produced by firms. Our model can jointly account for the modest decline in inflation during the … Great Recession and the surge in inflation post-COVID-19. Because our model implies a stronger transmission of shocks when … inflation is high, it generates conditional heteroskedasticity in inflation and inflation risk. Hence, our model can generate …

This study aims to explore the extent to which changes in wealth contributes to inflation utilizing a highly flexible …

cyclical movements in Treasury bond premia. Downward nominal rigidities create state-dependence in output and inflation … dynamics: a higher level of inflation makes prices more flexible, leading output and inflation to be more volatile, and bonds … to become more risky. The model matches well the relation between the level of inflation and a number of salient macro …

We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the … robust for different estimators and financial development measures-suggest that inflation presented deleterious effects on … Brazil by high rates of inflation, have detrimental effects to financial development, a variable that is important for …

We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the … robust for different estimators and financial development measures?suggest that inflation presented deleterious effects on … Brazil by high rates of inflation, have detrimental effects to financial development, a variable that is important for …

Recently a market in options based on CPI inflation (inflation caps and floors) has emerged in the US. This paper uses … quotes on these derivatives to construct probability densities for inflation. We study how these pdfs respond to news … empirical pricing kernels. The options-implied densities assign considerably more mass to extreme inflation outcomes (either …