inflation strongly and persistently, (ii) lead to statistically weak negative effects on activity, (iii) contributed to … having a stronger effect on inflation expectations. Quantitatively, increasing political pressure by half as much as Nixon …

little to the plans.With the assumptions used and actual inflation experienced over the past decade noted, it is important to … look at where inflation may be headed in the longer-term. Several central banks and the IMF project longer-term inflation to … forward, it will be important to see how close government forecasts match actual inflation and, relatedly, how close actual …

Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …

Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …

conditions and explore the possibility under which a policy tack that targets inflation stability, output stability, or both, can … efficient business cycle outcomes (inflation and output stability). We find that there is a range of inflation and output target … weights that simultaneously stabilize inflation and output. We call this condition, produced by these weights, inflation …

inflation - is a central determinant of welfare, the cost of business cycles, the optimal rate of inflation, and the tradeoff … between inflation and output stability. While the comovement of price dispersion and inflation implied by standard models is … the data, the comovement of price dispersion and inflation turns positive. Nevertheless, I show that a wide variety of …

inflation - is a central determinant of welfare, the cost of business cycles, the optimal rate of inflation, and the tradeoff … between inflation and output stability. While the comovement of price dispersion and inflation implied by standard models is … the data, the comovement of price dispersion and inflation turns positive. Nevertheless, I show that a wide variety of …

inflation. It is argued that that there is a tendency to slip from arguments which that the rate of interest is related to the … price level to suggesting that the rate of interest is related to the rate of inflation. The neo-Wicksellian approach is … inflation. It is also argued that the route through the exchange rate does not support the view that higher interest rates will …