The article examines the factors driving inflation in 2022-2023. We explore why inflation in the Hungarian economy has … highlight these factors and provide policymakers with recommendations for a more resilient inflation policy. First, we respond to … Katalin Botos’ views on inflation, and then we analyze some global inflationary trends. Our study focuses specifically on …

This paper reviews the post-Keynesian theory of inflation against the background of the simultaneous rise in inflation … discussed. The paper applies the latter to elucidate recent inflation trends propelled by increasing imported energy prices and … then rising mark-ups. The effects of inflation-targeting central bank interest policies versus a post-Keynesian alternative …

. However, numerous institutions, including the European Central Bank, regularly publish forecasts for future inflation that … deviate from market expectations. We investigate the relative predictive accuracy of the ECB's short-term inflation … projections against predictions derived from the market prices of short-term inflation-linked swaps (fixings) in 2018-2023. We …

This paper reviews the post-Keynesian theory of inflation against the background of the simultaneous rise in inflation … discussed. The paper applies the latter to elucidate recent inflation trends propelled by increasing imported energy prices and … then rising mark-ups. The effects of inflation-targeting central bank interest policies versus a post-Keynesian alternative …

The return of high inflation in Latin America (and worldwide) since 2021 has renewed concerns about the persistence of … above-target inflation and a potential de-anchoring of inflation expectations. This paper shows that trend inflation … estimation using forward-looking information can offer important insights for the understanding of inflation dynamics and long …

. However, numerous institutions, including the European Central Bank, regularly publish forecasts for future inflation that … deviate from market expectations. We investigate the relative predictive accuracy of the ECB’s short-term inflation … projections against predictions derived from the market prices of short-term inflation-linked swaps (fixings) in 2018-2023. We …

inflation expectations to income growth expectations for the average consumer, with considerable heterogeneity in pass …-through associated with sociodemographic factors. The results also indicate that higher inflation expectations cause an increase in … inflation and expected utility. Taken together, the survey results and model analysis provide a labor market account of why …

Standard measures of inflation, such as changes in the Consumer Price Index, do not account for the different effects … of inflation across income groups emerging from variations in consumption patterns and differences in price trends across … consumption categories. This could understate the adverse welfare effects of inflation for poor households. For instance, previous …

inflation expectations to income growth expectations for the average consumer, with considerable heterogeneity in pass …-through associated with sociodemographic factors. The results also indicate that higher inflation expectations cause an increase in … inflation and expected utility. Taken together, the survey results and model analysis provide a labor market account of why …