below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than … anticipated, suggesting a breakdown of the relation between inflation and activity. To examine the first, we look at 122 … find that the effect of unemployment on inflation, for given expected inflation, decreased until the early 1990s but has …

-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a … breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years … unemployment on inflation,for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then …

Empirical evidence suggests consumers rely on their shopping experiences to form beliefs about inflation. In other …. Learning by shopping anchors households' beliefs about inflation to its past, causing disagreement with firms over the value of … inflation, increases the degree of anchoring of households' inflation expectations, and flattens the slope of the Phillips curve …

measures, resulting from the new model, can be used to implement joint risk scenario analysis …

This paper extends a standard New Keynesian model to describe the effects of anticipated shocks to inflation and …

Not being doubtful of the fact that Inflation is one of the most important macroeconomic indicators assessing the … economic well-being of a nation, this paper seeks to develop a model to forecastmonthly inflation for Liberia using Time Series … Econometric tools and concepts. The paper used a monthly data on inflation from January 2005 through May 2018. Part of the data …