effects of uncertainty shocks on inflation. We find the response of inflation to be statistically insignificant until mid …

Analysis of the Michigan Survey data confirms U.S. inflation expectations are not perfectly anchored in the event of an … oil price shock. Two key results emerge through counterfactual analysis. First, better anchoring of inflation expectations … can ameliorate the mild inflation impact which occurs 10 to 12 months after an oil price shock. Second, an initial large …

stability. This paper investigates the effects of commodity price shocks on headline inflation with a monthly panel consisting … of 144 countries. We find that the effects of commodity price shocks on inflation virtually disappear within about one … fairly robust, suggesting a low risk of a persistent second-round effect on inflation. Employing the smooth transition …

shocks reduces the sensitivity of inflation to changes in aggregate demand. We test and corroborate the theoretical … significant role for the decline in the sensitivity of inflation to movements in aggregate demand from mid-1980s to mid-2000s …

channel effect during periods of high financial stress implies the existence of a short run output-inflation trade off during …

We assess the effects of financial shocks on inflation, and to what extent financial shocks can account for the … shocks through sign restrictions. Our main finding is that expansionary financial shocks temporarily lower inflation. This … during the crisis. We then explore the transmission channels of financial shocks relevant for inflation, and find that the …

associated with significant increases in Japan's industrial production, exports and inflation, and decreases in the trade …