We assess the efficiency of monetary policy to guide inflation expectations in high and low regimes. Using quantile … regression we analyze the persistence of inflation expectations from the Consensus Economics Survey at different quantiles. We … Fed's unconventional monetary policy at the ZLB in thus ineffective in guiding inflation expectations. …

stationarity, and mixed evidence regarding inflation stationarity. …

aggregate health-care price inflation rate series, using the data on health-care inflation rates for a panel of 17 major US … bias, and asymptotic normality, the US aggregate health-care price inflation rate series can be characterized as a non … the understanding of the data structure and, therefore, constructs of economic models of urban health-care price inflation …

aggregate health-care price inflation rate series, using the data on health-care inflation rates for a panel of 17 major US …, finite sample bias, and asymptotic normality, the US aggregate health-care price inflation rate series can be characterized … care price inflation rates. The results confirming the presence of a unit root indicating a high degree of inflationary …

developed here to test for unit roots in OECD panels of gross domestic products and inflation rates, yielding inference robust … to the `Great Moderation.' We find little evidence of trend stationarity, and mixed evidence regarding inflation …