This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth", describing the … able to work themselves out fully. In this context, monetary shocks have a gradual and delayed effect on inflation, and … permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff …

Artículo de revista ; This article analyses the link between the changes in and the drivers of inflation in a broad … range of advanced economies, with special emphasis on those of the euro area. Inflation rates are seen to be highly … common monetary policy. Also, the comovement of inflation is found to be a phenomenon that tends to be more visible in the …

resolver este problema ; In this paper we look at global inflation trends over the last decade and try to disentangle factors … that could explain the ultra-low levels of inflation during the recovery from the Great Recession. We review the literature … inflation’s reduced cyclical sensitivity to domestic economic slack, a bigger role being played by forward-looking inflation …

average forecast accuracy of models that incorporate information on inflation expectations from the ECB’s SPF and Consensus … Economics compared to their counterparts that do not. The gains in forecast accuracy from incorporating inflation expectations … countries). The analysis is undertaken for headline inflation and inflation excluding energy and food and both point and density …

-run relationship between inflation and economic growth of the 8 WAEMU countries. A panel of 256 observations was therefore constituted … from the IMF (WDI) and BCEAO database. Our results highlight a unidirectional causality between inflation and economic … growth and support the view that public spending controls can reduce inflation. Economic growth is the main channel through …

-run relationship between inflation and economic growth of the 8 WAEMU countries. A panel of 256 observations was therefore constituted … from the IMF (WDI) and BCEAO database. Our results highlight a unidirectional causality between inflation and economic … growth and support the view that public spending controls can reduce inflation. Economic growth is the main channel through …

-term relationship between inflation and economic growth in the 8 WAEMU countries. A panel of 256 observations was thus constituted from … the IMF (WDI) and CBWAS database. Our results highlight a unidirectional causality between inflation and economic growth … and support the view that public spending controls can reduce inflation. Economic growth is the main channel through which …