Results 271 to 280 of about 394,030 (306)

Inflation Persistence and the Rationality of Inflation Expectations [PDF]

open access: possibleSSRN Electronic Journal, 2013
The rational expectations hypothesis for survey and model-based inflation forecasts ? from the Survey of Professional Forecasters and the Greenbook respectively ? is examined by properly taking into account persistence in the data. The finding of near-unit-root effects in inflation and inflation expectations motivates the use of a local-to-unity ...
Brissimis, Sophocles, Migiakis, Petros
openaire   +2 more sources

A New Model of Inflation, Trend Inflation, and Long‐Run Inflation Expectations [PDF]

open access: yesJournal of Money, Credit and Banking, 2018
AbstractThis paper develops a bivariate model of inflation and a survey‐based long‐run forecast of inflation that allows for the estimation of the link between trend inflation and the long‐run forecast. Thus, our model allows for the possibilities that long‐run forecasts taken from surveys can be equated with trend inflation, that the two are ...
Joshua C C Chan   +2 more
exaly   +5 more sources

Global Inflation Dynamics and Inflation Expectations

SSRN Electronic Journal, 2018
Abstract In this paper we investigate dynamics of inflation and short-run inflation expectations. We estimate a global vector autoregressive (GVAR) model using Bayesian techniques. We then explore the effects of three source of inflationary pressure that could drive up inflation expectations: domestic aggregate demand and supply shocks as well as a ...
Martin Feldkircher, Pierre L. Siklos
openaire   +1 more source

Inflation Level and Inflation Volatility: A Seigniorage Argument

SSRN Electronic Journal, 2016
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Dmitriev, Mikhail, Kersting, Erasmus K.
openaire   +1 more source

Weighted Median Inflation: Is This Core Inflation?

Journal of Money, Credit, and Banking, 2001
This paper investigates core inflation defined as the best predictor of inflation. I compare forecasts obtained using the mean, weighted median, trimmed mean, and less food and energy inflation rates for the consumer price index and the personal consumption expenditure deflator for the current U.S. monetary policy regime.
openaire   +1 more source

Inflation synchronization among the G7and China: The important role of oil inflation

Energy Economics, 2021
Ahmed H Elsayed   +2 more
exaly  

Inflation compensation and inflation expectations in Chile [PDF]

open access: possibleMonetaria, 2007
This paper studies the relationship between inflation compensation and inflation expectations in Chile. First, we use the present discounted value methodology to decompose the difference between the unanticipated return of nominal and inflation-linked bonds into news about expected inflation and premiums.
openaire   +1 more source

Low Inflation or No Inflation?

The Brookings Review, 1996
George A. Akerlof   +2 more
openaire   +1 more source

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