In the paper we have investigated to what extent the behaviour of CPI inflation depends on changes in domestic economic … price indices respond to exchange rate movements and/or foreign inflation. The impact of exchange rate is most substantial … indices for items sensitive to domestic economic activity and formed an index which, taking into account uncertainty and …

inflation, we examine models of inflation that do and do not use the output gap. The Phillips curve, which relates inflation to … real activity, is regarded as the maintained theory of inflation. Models of inflation without the output gap include the … paper examines ten different models of inflation and estimates sixty-seven different specifications, some of which …

The paper aims to investigate whether the effect of the backward-looking inflation expectations, nominal effective … exchange rate, money supply, gross domestic product and import prices on inflation depends on business cycle. For this purpose …, a two states Markov Switching Auto Regression model with time varying transition probabilities to a generic inflation …

The paper aims to investigate whether the effect of the backward-looking inflation expectations, nominal effective … exchange rate, money supply, gross domestic product and import prices on inflation depends on business cycle. For this purpose …, a two states Markov Switching Auto Regression model with time varying transition probabilities to a generic inflation …

The paper aims to investigate whether the effect of the backward-looking inflation expectations, nominal effective … exchange rate, money supply, gross domestic product and import prices on inflation depends on business cycle. For this purpose …, a two states Markov Switching Auto Regression model with time varying transition probabilities to a generic inflation …

This study briefly presents theoretical aspects related to the relationship between inflation and economic growth and … temper the rise in inflation (as would have been the case if a speed limit effect was present) but which would have induced … public the state of the economy in order to timely anchor the inflation expectations. This is a very important aspect, since …

and a smooth estimated trend. Based on output growth and inflation forecasts and a comparison to revised output gap …

and inflation forecasts and a comparison to revised output gap estimates from policy institutions, they find that real …

estimated trend. Based on output growth and inflation forecasts and a comparison to revised output gap estimates from policy …