Inflation and inflation uncertainty are critical factors influencing the functioning of markets and thus the efficient … flow of economic activities. In this study, we investigated the effects of inflation and inflation uncertainty on growth in … Ghana. Unlike the majority of the previous studies, we distinguished the short-run effects of inflation and inflation …

Inflation uncertainty is a critical factor influencing not only the market mechanisms but also the economic activity … efficiency. In this paper, we investigated the relationship between inflation and growth to capture the impact of inflation … specification. We used Hansen's (2001) Threshold Regression (TR) analysis to determine one threshold effect of inflation on growth …

investment can help hedge against inflation in the United States (US) and Canada. This study employed an autoregressive … against inflation in the United States and Canada. …

In this paper, we explore machine learning (ML) methods to improve inflation forecasting in Brazil. An extensive out … identify the key variables to predict inflation, thus helping to open the ML black box. Despite the evidence of no universal … of mean-squared error. Moreover, the results indicate the existence of nonlinearities in the inflation dynamics, which …

We construct an empirical test of whether the anticipation of adoption of inflation targeting affects the inflation … rate. We observe that most of the central banks adopt the regime after first achieving significant disinflation. With pre-inflation …-in-difference framework. We find that inflation targeting is successful in locking-in already low inflation rather than reducing high …

We test for state-dependent bias in the European Central Bank's inflation projections. We show that the ECB tends to … underpredict when the observed inflation rate at the time of forecasting is higher than an estimated threshold of 1.8%. The bias is … most pronounced at intermediate forecasting horizons. This suggests that inflation is projected to revert towards the …

We test for bias and efficiency of the ECB inflation forecasts using a confidential dataset of ECB macroeconomic … quarterly projections. We investigate whether the properties of the forecasts depend on the level of inflation, by … distinguishing whether the inflation observed by the ECB at the time of forecasting is above or below the target. The forecasts are …

Whittle estimation method, the research examines the longmemory properties of headline inflation through monthly data from … January 1996 to January 2023. The study expands upon existing knowledge of inflation persistence by exploring its changes and … the various patterns of inflation persistence in Europe. The findings reveal significant differences in the persistence of …

inflation volatility.Also, causality tests results indicate that changes in the exchangerate, output gap volatility, and output …This study first investigates the short and long-run effectsof exchange rate, output gap and output gap volatility on … ARDLestimates indicate that the exchange rate, output gap and output gapvolatility have statistically significant effects on …

This paper presents a set of new core inflation measures for Brazil based on the Singular Spectrum Analysis (SSA …) method. The measures are based on the official target used in the Brazilian inflation targeting regime. The period of … analysis ranges from the beginning of the inflation targeting regime in 1999 and 2021. The SSA measures were compared to the …