. Previous literature has highlighted the role of an economy's "structure" - such as its inflation volatility, inflation rate …, forecasts predicting how a given exchange rate movement will impact inflation at a specific point in time should take into …

Trimmed-mean Personal Consumption Expenditure (PCE) inflation does not clearly dominate ex-food-and-energy PCE … inflation in real-time forecasting of headline PCE inflation. However, trimmed-mean inflation is the superior communications and … policy tool because it is a less-biased real-time estimator of headline inflation and because it more successfully filters …

The paper presents the welfare cost of inflation in a banking time economy that models exchange credit through a bank … welfare cost of a 10% inflation rate instead of zero, for comparison to other estimates, as well as the cost of a 2% inflation … rate instead of a zero inflation rate. The zero rate is specified as the US inflation rate target in the 1978 Employment …

This paper examines the causal effects of shifts in international food commodity prices on euro area inflation dynamics …%-30% of inflation volatility. In addition, large autonomous swings in international food prices contributed significantly to … the twin puzzle of missing disinflation and missing inflation in the era after the Great Recession. Specifically, without …

movements do not have an impact on inflation, as aggregate rules of thumb mask substantial heterogeneities across countries … deviations of inflation from target, including those relating to exchange rate fluctuations. Moreover, under the effective lower … inflation. …

The objective of this research paper is to examine the relationship between relative price variability and inflation by … demonstrated that there is a probable relationship between inflation (DPt) and both un-weighted measures of price variability (VPt … and SPt) for the whole items that have been considered for the analysis. Apart from that, this association also exists …

patterns in economic activity and inflation following oil price shocks in the euro area. In the normal regime, oil price shocks … followed by sizeable and sustained macroeconomic fluctuations, with inflation and economic activity moving in the same … direction as the oil price. The responses of inflation expectations and wage growth point to second-round effects as a potential …

contractionary. A country analysis confirms that the negative effects of oil supply and monetary policy shocks on inflation was … inflation and economic activity in all the countries. All in all, our analysis confirms the appropriateness of the ECB asset …Inflation in the euro area has been falling since mid-2013, turned negative at the end of 2014 and remained below …

Inflation and earnings growth can push some tax payers into higher brackets in the absence of inflation …-indexed schedules. Moreover, inflation may affect the composition of individuals’ income sources. As a result, depending on the relative … tax burden of labour and capital, inflation may decrease or increase the difference between before-tax and after …