U.S. retail food price increases in recent years may seem large in nominal terms, but after adjusting for inflation …

to estimate how price increases can be divided between quality growth and price inflation. I find that less than one … inflation close to inflation measured by the official index. I conclude that, according to Bils’ methodology, the quality bias … is not an important source of potential mismeasurement of CPI inflation in Canada. …

expectation formation and the behaviour of macroeconomic agents. Inflation expectations, in particular, have received a great deal … be used to extract useful measures of inflation persistence. This paper presents a new measure of U.S. inflation … persistence from the point of view of a professional forecaster, referred to as perceived inflation persistence. It is built via …

they help explain the "Great Inflation" of the 1970s and early 1980s. …

key feature that accounts for the observed persistence in output and inflation. Kryvtsov and Midrigan (2010a,b) reassess …

containing information on real economic activity, inflation, interest rates and Divisia monetary aggregates produces the most …

Inflation dynamics in advanced countries have produced two consecutive puzzles during the years after the global … financial crisis. The first puzzle emerged when inflation rates over the period 2009-11 were consistently higher than expected … today - was initially observed in 2012, when inflation rates in advanced countries were weakening rapidly despite the …

This paper studies the formation of consumers’ inflation expectations using micro-level data from the Michigan Survey …. It shows that beyond the well-established socio-economic determinants of inflation expectations such as gender, income or … the average household in response to increasing media reporting about inflation. …