inflation by using a Nonlinear ARDL (NARDL) model, which is compared to a benchmark linear ARDL one. Using monthly data from the …, especially negative ones, have a stronger impact on inflation than OPU ones and capture some of the monetary policy uncertainty …, thereby reducing the direct effect of interest rate changes on inflation. Since EPU shocks reflect, at least to some extent …

inflation by using a Nonlinear ARDL (NARDL) model, which is compared to a benchmark linear ARDL one. Using monthly data from the …, especially negative ones, have a stronger impact on inflation than OPU ones and capture some of the monetary policy uncertainty …, thereby reducing the direct effect of interest rate changes on inflation. Since EPU shocks reflect, at least to some extent …

This paper analyzes the dramatic rise in U.S. inflation since 2020, which we decompose into a rise in core inflation as … measured by the weighted median inflation rate and deviations of headline inflation from core. We explain the rise in core with …-through into core from past shocks to headline inflation. The headline shocks themselves are explained largely by increases in …

Based on a dynamic panel data model, this paper estimates the impact of lockdown policies on inflation with …

Building on Prospect Theory, we apply the concept of loss aversion to the formation of inflation perceptions and test … empirically for non-linearities in the inflation-perceptions relation for a panel of 10 Euro area countries. Specifically, under … the assumption of loss aversion, inflation changes above a certain reference rate will be perceived more strongly …

The analysis of inflation’s effect on investment can contribute to a deeper understanding of the benefits of a monetary … conclusions about the inflation-investment relationship that can be drawn from traditional monetary models with exogenous growth …-makers to fail to take proper account of inflation’s impact on investment. We then survey research which, contrary to monetary …

were catastrophic manifested in increasing the inflation from minimal to galloping and rife. Recession that have hovered … around its economy since 2008 with the Global Financial Crises effects combined with inflation to manifest in a classical …

should not affect agents' expectations of inflation in the long term. Our estimated structural VARs show that both long- and … short-term inflation expectations are sensitive to policy-related uncertainty shocks. While economic activity contracts …, long-term inflation expectations raise in response to such shocks. These results suggest that observed uncertainty about …