Following the Asian financial crisis in 1997-98, a number of Asian central banks adopted inflation targeting. While it … is possible for the average inflation rate to be close to target, deviations of inflation could nevertheless be large and … protracted. We therefore explore how successful this framework has been by looking at the persistence of inflation, as measured …

The persistence property of inflation is an important issue for not only economists, but, especially for central banks …, given that the degree of inflation persistence determines the extent to which central banks can control inflation. Further …, not only is the level of inflation persistence that is important in economic analyses, but also the question of whether …

The difficulty in modelling inflation and the significance in discovering the underlying data generating process of … inflation is expressed in an ample literature regarding inflation forecasting. In this paper we evaluate nonlinear machine … learning and econometric methodologies in forecasting the U.S. inflation based on autoregressive and structural models of the …

We provide new evidence on the relationship between inflation and its uncertainty in the U.S. on an historical basis …, covering the period 1775-2014. First, we use a bounded approach for measuring inflation uncertainty, as proposed by Chan et al … inflation and its uncertainty that varies across time and frequency. First, we show that in the medium- and long-runs, the …

Following the Asian financial crisis in 1997-98, a number of Asian central banks adopted inflation targeting. We … explore how successful this framework has been by looking at the persistence of inflation, as measured by the sum of the … coefficients in an autoregressive model for inflation, using a median unbiased estimator and bootstrapped confidence bands. We find …

Following the Asian financial crisis in 1997-98, a number of Asian central banks adopted inflation targeting. While it … is possible for the average inflation rate to be close to target, deviations of inflation could nevertheless be large and … protracted. We therefore explore how successful this framework has been by looking at the persistence of inflation, as measured …

Following the Asian financial crisis in 1997–1998, a number of regional central banks adopted inflation targeting …. While it is possible for the average inflation rate to be close to target, deviations of inflation could nevertheless be … large and protracted. We therefore explore how successful this framework has been by looking at the persistence of inflation …

and an inflation targeting monetary authority, and analyzes the growth dynamics that emerges from this framework. Besides …

a lower inflation target on growth is ambiguous, with the ultimate effect depending on the initial levels of growth and …

inhabited by consumers, firms, a Cournotian monopolistically compet- itive banking system, besides, an inflation … effect of a lower inflation target on growth is ambiguous, with the ultimate effect depending on the initial levels of growth …