This paper uses a "trendy" approach to understand UK inflation dynamics. It focuses on the time series to isolate a low …-frequency and slow-moving component of inflation (the trend) from deviations around this trend. We find that this slow-moving trend … explains a substantial share of UK inflation dynamics. International prices are significantly correlated with the short …

We investigate empirically the inflation dynamics in New Zealand, a small open economy and a pioneer in inflation …-economy Phillips curves under standard measures of global slack do not help forecast domestic inflation, possibly indicating … measurement problems with global slack itself. In turn, under a stable inflation target we still find that (i) global inflation or …

inflation are co-breaking. We argue that the step-like development of inflation is in line with shocks and monetary policy that …% inflation was accomplished by introducing an inflation targeting regime. …

We compare the degree of anchoring of inflation expectations in the euro area, the United States and the United Kingdom …, focusing on the post-crisis period. First of all, we estimate a set of measures of average and tail correlation using inflation …

We analyze the degree of anchoring of inflation expectations in the euro area during the post-crisis period, with a …. Using a new estimation technique, we look at tail co-movements between short- and long-term distributions of inflation … expectations, estimated from daily quotes of inflation derivatives. We find that, during 2014, average correlations between short …

We analyze the degree of anchoring of inflation expectations in the euro area during the post-crisis period, with a …. Using a new estimation technique, we look at tail co-movements between short- and long-term distributions of inflation … expectations, estimated from daily quotes of inflation derivatives. We find that, during 2014, average correlations between short …

In this paper we construct model-free and model-based indicators for the inflation risk premium in the US and the euro … area. We study the impact of market liquidity, surprises from inflation data releases, inflation volatility and deflation … fears on the inflation risk premium. For our analysis, we construct a special dataset with a broad range of indicators. The …