Inflation expectations are key to economic activity, and in the current economic climate of a heated labor market, they … therefore individual behavior, may not be sensitive to changes in inflation when it is low. This paper explores evidence of such … inflation expectations. Exploring inflation thresholds of 2, 3, and 4 percent, our findings are consistent with the inattention …

How does competition affect information acquisition of firms and thus the response of inflation and output to monetary … uncertainty about inflation as a non-targeted moment. …

This paper investigates the evolution of inflation dynamics in the five largest ASEAN countries between 1997 and 2017 …-looking dynamics and a better anchoring of inflation expectations, consistent with the improvements in monetary policy frameworks in …

sharp rise in inflation. Applied to Germany and the euro area, the model suggests that the surge in inflation has mainly … been caused by commodity price shocks and supply bottlenecks, rather than shortages in the labour market. Inflation … future inflation rates. However, this prediction is based on the assumption that there will be no commodity price shocks and …

The present paper uses survey data on expected consumer price developments to analyse the role of inflation … expectations in the inflation process. The survey measures of price expectations are derived from the European Commission … estimates of the New Keynesian inflation model presented here underscore the importance of inflation expectations for the short …