This paper studies the causal effect of inflation literacy on inflation expectations and trust in the central bank …, we first test the effect of non-numerical information about inflation and monetary policy, the literacy treatment. In the … the literacy treatment, incorporate quantitative information differently into their inflation forecasts. We find that the …

In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European … well supported in the new EU member states. We also find that the inflation process is dominated by domestic variables in …

In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European … well supported in the new EU member states. We also find that the inflation process is dominated by domestic variables in … Keynesian Phillips Curve ; small open economies ; inflation dynamics ; new EU member countries ; GMM estimation …

This paper presents evidence that inflation in Israel and many OECD member states was driven largely by global factors … during 2009–17. In particular, inflation in Israel was strongly correlated with that in most OECD countries in the review … period of January 2009–June 2017. Furthermore, the development of inflation in most OECD countries is captured well using a …

We develop a model to empirically study the influence of global factors in driving trend inflation and the inflation … gap. We apply our model to five established inflation targeters and a group of heterogeneous Asian economies. Our results … suggest that while global factors can have a sizeable influence on the inflation gap, they play only a marginal role in …