The US and other advanced countries suffered bursts of severe inflation in 2021 and the first half of 2022, followed by … declines of inflation later in 2022, in some countries. In times of high volatility of price determinants--cost and … productivity--inflation can jump upward and fall downward at high speed, contrary to the uniformly sticky behavior associated with …

Brazil has experienced crucial changes in its inflation process since the adoption of inflation targeting in mid 1999 …. This article addresses changes in the analytical framework employed to track the inflation dynamics, specifically the … relevance of an explicit target for inflation. A New-Keynesian Phillips curve (NKPC) is derived incorporating indexation not …

Since 2000 U.S. inflation has remained both below target and silent to domestic slack and monetary interventions. A … inflation. The trend analysis shows that, starting from the `90s, despite very well-anchored expectations, slow-moving imported … "cost-push" factors induced deflationary pressure keeping trend inflation below target. The cycle block provides evidence in …

This paper examines the nexus between news coverage on inflation and households' inflation expectations. In doing so … between news on inflation, consumers' frequency of expectation updating and the accuracy of their expectations. Our evidence …

prices on break-even inflation rates (BEIs) of Treasury Inflation Protected Securities (TIPS) of the United States. The … oil prices can affect inflation expectations in the short term but this effect gets diminished to the extinction because … inflation expectations depend on the inflation target of a monetary policy. Notably, the 5Y5Y BEI has a statistically …

Acting in parallel with changes in Thailand's inflation dynamics, the fall in inflation and inflation variability is a … important role in changing the dynamics of inflation in Thailand. It also shows that the country's monetary policy has been … effective in helping to keep inflation low and stable via well anchored long-run inflation expectations.Full Publication: 'http …

Since the early 2000s, inflation in Russia has never fallen below 6%, except for brief intervals following the major … crisis of 2008 and the changes in 2012 to the seasonal indexation of administered prices.Persistently high inflation … expectations have posed a challenge to the Bank of Russia in setting its 4% inflation targeting course. A further complication was …

cross-country differences in the mismatch of perceived and actual inflation in the aftermath of the cash changeover are …

Phillips curve, the sum of coefficients associated with expected inflation is far beyond unity, whatever measure of expected … inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is our suggestion, one … estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the …