Artículo de revista ; Consumers’ expectations of economic developments are a fundamental determinant of their spending …

enfoques y se destaca la relevancia de la heterogeneidad en la determinación de precios y la importancia de utilizar modelos … models used by the Banco de España to monitor consumer price inflation and forecast its future trends. The strategy followed … models that allow for a slowly evolving local mean when forecasting inflation …

ajustar precios y salarios varían con el estado agregado e idiosincrásico debido a los «costes de control». Tanto las empresas … precisión. Esto impide que las empresas y los trabajadores ajusten precios y salarios sin error y en el momento justo. Simulamos … el modelo seleccionando los parámetros de forma que reproduzca el tamaño y la frecuencia de los cambios en los precios y …

persistence of inflation and the increased importance of backward-looking inflation expectations in some countries may pose risks … precios y salarios en décadas recientes, tales como la menor sensibilidad cíclica de la inflación a la holgura económica … resolver este problema ; In this paper we look at global inflation trends over the last decade and try to disentangle factors …

naturaleza adaptativa y persistente del proceso de formación de precios y de las expectativas de inflación en Japón. ; Faced with … a very prolonged period of low inflation, the Bank of Japan has been modifying its monetary policy strategy over the … yield curve control policy. Despite all these efforts, Japan has continued to experience persistently low inflation, with …

naturaleza adaptativa y persistente del proceso de formación de precios y de las expectativas de inflación en Japón. ; Faced with … a very prolonged period of low inflation, the Bank of Japan has been modifying its monetary policy strategy over the … yield curve control policy. Despite all these efforts, Japan has continued to experience persistently low inflation, with …

produces an estimation of market expectations about inflation free of liquidity, counterparty and term premia. We provide a … comparison of the properties of this indicator with others usually employed to proxy the inflation expectations, such as the … directly the inflation rate as an additional factor without reducing the forecasting ability of the model. The augmented model …

En este documento se presentan de forma breve los principales usos de las estadísticas de precios de consumo, prestando … cara a aumentar la utilidad del índice de precios de consumo para los usuarios finales ; This paper briefly presents the … main uses of consumer price statistics, paying particular attention to inflation forecasting with econometric models. Some …

Rationale The current period of high inflation makes it difficult for investors to maintain their profitability targets … this and past inflationary episodes. Takeaways •In the past, both commodities and inflation-linked bonds have generated … the United States investors have increased their holdings in investment funds specialising in inflation-linked bonds, and …