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New facts about firms' inflation expectations : simple tests for a sticky information mode

Uno, Yosuke; Naganuma, Saori; Hara, Naoko - 2018

Persistent link: https://www.econbiz.de/10012181197

Sectoral inflation persistence, market concentration and imperfect common knowledge

Kato, Ryo; Okuda, Tatsushi; Tsuruga, Takayuki - 2020

Previous studies have stressed that in ation dynamics exhibit a substantial disper- sion across sectors. Using US producer price data, we present evidence that sectoral in ation persistence is negatively correlated with market concentration, which is diffi- cult to reconcile with the prediction...

Persistent link: https://www.econbiz.de/10012195719

Sectoral inflation persistence, market concentration, and imperfect common knowledge

Kato, Ryo; Okuda, Tatsushi; Tsuruga, Takayuki - 2021

Persistent link: https://www.econbiz.de/10013448260

Sectoral inflation persistence, market concentration and imperfect common knowledge

Kato, Ryo; Okuda, Tatsushi; Tsuruga, Takayuki - 2021

Persistent link: https://www.econbiz.de/10014295612

Sticky information versus sticky prices revisited : a Bayesian VAR-GMM approach

Kurozumi, Takushi; Oishi, Ryohei; Van Zandweghe, Willem - 2022

Persistent link: https://www.econbiz.de/10013467057

Do exchange rates absorb demand shocks at the ZLB?

Hoffmann, Mathias; Hürtgen, Patrick - 2021

appreciates in response to an asymmetric negative demand shock at the zero lower bound (ZLB) and exacerbates the adverse … macroeconomic effects. This finding requires inflation expectations to adjust counterfactually large. When modeling inflation … at the ZLB. In sharp contrast to the full information model: (i) A negative demand shock concentrated in the home country …