This paper conducts a structural analysis of inflation persistence in the United Kingdom between 1965-2009. I allow for … 1992. I find a small but insignificant decrease in inflation persistence in the policy regime that responds more actively … and stochastic shock volatility. The first policy regime responds passively to movements in inflation, adjusting the …

We compare the degree of anchoring of inflation expectations in the euro area, the United States and the United Kingdom …, focusing on the post-crisis period. First of all, we estimate a set of measures of average and tail correlation using inflation …

experienced a dramatic drop in persistence around the early 1980s, but GDP deflator inflation is still persistent. In addition … break in inflation persistence around the early 1980s but this appears to be dependent on the measures of inflation, as …I make inferences about complicated patterns of structural breaks in inflation dynamics. I extend Chib's (1998 …

Changing time series properties of US inflation and economic activity, measured as marginal costs, are modeled within a …. Forward as well as backward looking expectation mechanisms for inflation are incorporated and their relative importance … evaluated. Survey data on expected inflation are introduced to strengthen the information in the likelihood. Use is made of …

of inflation-volatility persistence in the response to inflationary shocks. Granger-causality test along with symmetric …The welfare costs of inflation and inflation uncertainty are well documented in the literature and empirical evidence … inflation and inflation uncertainty in Egypt using monthly time series data during the period January 1974 - April 2015. To …