the standard difference equation (DE) form, current inflation is a function of past inflation, expected future inflation …, and real marginal costs. The alternative closed form (CF) specification explicitly solves the DE form to express inflation … as a function of past inflation and a present-discounted value of current and expected future marginal costs. The CF …

inventory management techniques. Drawing from Post-Keynesian and structuralist theories of inflation, this paper uses a vector …Several explanations of the “great inflation moderation” (1982-2006) have been put forth, the most popular being that … inflation was tamed due to good monetary policy, good luck (exogenous shocks such as oil prices), or structural changes such as …

This paper isolates the role of conflict or disagreement on inflation in two ways. In the first part of the paper, we … present a stylized model, kept purposefully away from traditional macro models. Inflation arises despite the complete absence … of money, credit, interest rates, production, and employment. Inflation is due to conflict; it cannot be explained by …

We examine the link between inflation and the variability of relative prices in U.S. equity markets and in U.S. goods …

We document empirical regularities of disaggregated inflation and consumption and study whether multisectoral New … Keynesian models can explain them. We focus on higher moments of the inflation and consumption growth distributions as well as … on the contemporaneous comovement of these two variables. We find that the sectoral distributions of inflation and …

increase in inflation in the US and elsewhere. Much has been made of this outcomes, and the economic distress associated with … it, in popular discussion of the economy. This paper provides a Kaleckian conflicting-claims analysis of inflation during …-setting behaviour as sources of inflationary pressure. A key conclusion that arises from the co-determination of inflation and …

We revisit the role of long-term nominal corporate debt for the transmission of inflation shocks in the general … importance of corporate leverage in the transmission of inflation shocks to real activity in their framework is 6 times larger …

estimation method. According to the estimates obtained, the dynamics of inflation in Russia depends on external factors, in … inflation has undergone several significant changes. The first change is associated with the transition to the inflation …