monetary and credit aggregates are very often selected among the top predictors of inflation, with their predictive power … and credit variables in forecasting inflation, even if their information content is diluted in a much broader pool of …

power for inflation or, put differently, whether money growth Granger causes inflation. We use a historical dataset … - consisting of annual Swedish data on money growth and inflation ranging from 1620 to 2021 - and employ state-of-the-art Bayesian … likelihoods - provides strong evidence in favour of money growth Granger causing inflation. This strong evidence is, however, not …

monetary and credit aggregates are very often selected among the top predictors of inflation, with their predictive power … and credit variables in forecasting inflation, even if their information content is diluted in a much broader pool of …

We assess the bivariate relation between money growth and inflation in the euro area and the United States using hybrid … statistically unstable across time in both regions. The effect that shocks to money growth has on inflation weakened notably after … monetary aggregates to inflation. …

. The core contention is that economic uncertainty improves both forecast accuracy as well as direction-of-change forecasts … with two different indicator selection procedures. Forecast accuracy is evaluated by RMSE and the Diebold-Mariano test …

We assess the bivariate relation between money growth and inflation in the euro area and the United States using hybrid … statistically unstable across time in both regions. The effect of money growth on inflation weakened notably after the 1980s before … maximum impact of money growth on inflation is increasing in the trend level of inflation. These results caution against …

, Germany, Italy and Spain ('4 NCBs'). To date, the 4 NCBs have been using ARIMAX models to forecast the banknotes issued … by the 4 NCBs as an additional forecasting tool. The forecast accuracy measures used in this study show that the …

forecast the banknotes issued nationally in circulation by denomination (“benchmark models”). This paper presents the … structural time series models developed by the 4 NCBs as an additional forecasting tool. According to the forecast accuracy …