This paper uses the wavelet methodology to analyze the dynamics of inflation in Mexico at different frequencies over … time. First, we analyze the monthly behavior of the headline, core, and noncore inflation from January 2007 to December … 2018. Subsequently, the decomposition shows that the shocks on headline inflation in 2017 were mainly associated with the …

Distortionary effects of inflation on relative prices are the main argument for inflation stabilization in macro models … with sticky prices. Under indexation of non-optimized prices those models imply a nonlinear and dynamic impact of inflation … generalized form of) the theoretical relationship between inflation and RPV. We confirm the impact of inflation fluctuations but …

inflation rate is zero, because of the constancy of the price markup. In the extended version, the price markup effect interacts …

central banks target inflation at a rate of about 2 percent. Many economists have recently proposed even higher inflation … importance of appropriately accounting for a low, positive trend inflation rate for the conduct of monetary policy. We first … review empirical research on the evolution and dynamics of U.S. trend inflation, as well as some proposed new measures to …

This paper investigates the relationship between the Great Moderation and two measures of inflation performance: trend … inflation and inflation volatility. Using annual data from 1970 to 2011 for a large panel of 180 developed and developing … empirical findings show that the effect of inflation volatility is positive, while the effect of trend inflation is negative …