autoregressive model for the inflation rate. By construction, our approach avoids a number of problems related to the GMM estimation … of the NKPC. We estimate the hybrid NKPC with quarterly U.S. data (1955:1-2010:3), and both expected future inflation and … lagged inflation are found important in determining the inflation rate, with the former clearly dominating. Moreover …

I present evidence that higher frequency measures of inflation expectations outperform lower frequency measures of … inflation expectations in tests of accuracy, predictive power, and rationality. For decades, the academic literature has focused … on three survey measures of expected inflation: the Livingston Survey, the Survey of Professional Forecasters, and the …

I present evidence that higher frequency measures of inflation expectations outperform lower frequency measures of … inflation expectations in tests of accuracy, predictive power, and rationality. For decades, the academic literature has focused … on three survey measures of expected inflation: the Livingston Survey, the Survey of Professional Forecasters, and the …

using the autoregressive distributive (ARDL) model applied to quarterly data covering the post inflation targeting period of …

other hand, other control variables such as per capita GDP, inflation and divorce appear to be more significantly related …

With the inflation-growth nexus being a hotly debated issue within the academic paradigm, the purpose of our study is … a credit technology which causes a nonlinear relationship between inflation and growth. Econometrically, we rely on the … smooth transition regression (STR) which allows us to estimate an optimal inflation rate characterized by smooth transition …

The estimation of inflation volatility is important to central banks as it guides their policy initiatives for … Heteroscedasticity (GARCH) family with a view to providing a parsimonious approximation to the dynamics of Nigeria’s inflation volatility … and food CPI, implying that the impacts of inflation shocks on their volatilities die away very slowly. However, the …

), calibrated with Chilean data of total inflation, core inflation, Imacec, and monthly return of the nominal exchange rate Chilean … and core inflation. Considering the three IC, it is more likely to obtain an overfitted model by just one coefficient …