same inflation or interest rate expectations can differently assess whether the level of the corresponding variable is … and affects durable spending and saving decisions. We also show that the variation in inflation preferences can be …

for the economy-inflation and devaluation. The purpose of the research is to analyze the socio-economic results of … inflation and devaluation in Georgia and to determine the main directions to overcome it. Due to study purposes was investigated … the causes of inflation and devaluation, as well as was examined its influence on economic development of the country and …

Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …

In this paper we investigate dynamics of global inflation and short-run inflation expectations. We estimate a global … inflationary pressure that could drive up inflation expectations: domestic aggregate demand and supply shocks as well as a global … increase in oil price inflation. Our results indicate that inflation expectations tend to increase as inflation accelerates …

Do euro area inflation expectations remain well-anchored? This paper finds that the protractedperiod of low (and below …-target) inflation in the euro area since 2013 has weakened theiranchoring. Testing their sensitivity to inflation and macroeconomic news … robustness to our conclusions. Results point to a significantimpact of inflation news over recent years that had not been …

By providing numerical inflation projections. Many central banks currently face inflation well above their targets and … with that the challenge to prevent spillovers on inflation expectations. We study the effect of different communication … about the 2021 inflation surge on German consumers' inflation expectations using a randomized control trial. We show that …

This note examines Malaysia's inflation dynamics as influenced by changes in the policy environment and economic …, Malaysia's inflation dynamics are expected to change, and this will have implications for the central bank's policies ….Full Publication: 'http://ssrn.com/abstract=2870167' Inflation Mechanisms, Expectations and Monetary Policy …

Inflation dynamics in Brazil are high and volatile. This short paper seeks to shed some light on the features of … inflation in Brazil and provides a non-exhaustive list, in the way of a primer, of factors that are especially important. It … also offers some suggestions for how monetary policy could deal with these factors to control inflation and bring interest …

framework is then used to interpret the evolution of central bank independence from the Great Inflation throughout the Great …

This paper analyzes the performance of central banks in 27 inflation targeting countries by examining their success in … achieving their explicit inflation targets. For this purpose, we decompose the inflation gap, the difference between actual … inflation and inflation target, into predictable and unpredictable components. We argue that the central banks are successful if …