Results 221 to 230 of about 63,697 (261)
A New Model of Inflation, Trend Inflation, and Long-Run Inflation Expectations [PDF]
Abstract This 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 ...
Todd Clark +2 more
exaly +6 more sources
Authorship Inflation: A Trend Reversed [PDF]
Contains fulltext : 21366___.PDF (Publisher’s version ) (Open Access)
J P Drenth
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Trend inflation as a workers’ discipline device
Empirica, 2012The paper shows that a monetary policy regime that allows for a positive inflation rate disciplines monopolistic wages setters if these, when setting contracts, internalize the consequences of their choices for economic outcomes over the life of the contract.
DI BARTOLOMEO, Giovanni +2 more
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Measuring Trend Inflation and Inflation Persistence for India
2016In this study we propose a new measure of trend inflation for India. Using monthly data for CPI-IW inflation, we use a multivariate unobserved component model that incorporates information from food and energy prices and provides an estimated trend inflation that we argue is a more reasonable measure of long-run inflation expectations in India.
Vipul Bhatt, N. Kundan Kishor
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Trend Inflation, Wage and Price Rigidities, and Welfare [PDF]
Les auteurs étudient les coûts de l'inflation en régime permanent au moyen d'un modèle d'équilibre général dans lequel le taux de croissance réel de la production par habitant est positif et qui intègre des contrats échelonnés de prix et de salaires.
Robert Amano +3 more
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A Measure of Trend Wage Inflation
Journal of Applied EconometricsABSTRACTWe extend time‐series models that have so far been used to study price inflation and apply them to a microlevel data set containing worker‐level information on hourly wages. We construct a measure of aggregate nominal wage growth that (i) filters out noise and very transitory movements, (ii) quantifies the importance of idiosyncratic factors ...
Martín Almuzara +2 more
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