Since 2000 U.S. inflation has remained both below target and silent to domestic slack and monetary interventions. A … inflation. The trend analysis shows that, starting from the '90s, despite very well-anchored expectations, slow-moving imported … "cost-push" factors induced deflationary pressure keeping trend inflation below target. The cycle block provides evidence in …

reactiveness of inflation to the unemployment rate. In regard to a monetary union, the national unemployment multiplier in the …

We explore the relationship between inequality, unemployment, and inflation by considering the evidence that low …-and-flow consistent agent-based model by Rolim et al. (2023), in which inflation and inequality result from the social conflict over … income distribution. The inflation-unemployment-inequality nexus leads to the inequality-augmented Phillips curve relating …

/tightness and inflation expectations, contributing to the debate on the relevance of the Phillips curve in South Africa, where … previous findings have been inconclusive. Our analysis reveals that long-run inflation expectations are the primary driver of … inflation, with these expectations anchored around 5% historically but declining since the financial crisis. This trend suggests …

inflation model, when used to explain inflation persistence. Indeed, virtually all inflationary dynamics end up being captured … model (i.e. lagged inflation) and that the SPI model overemphasizes inflationary persistence. Thus, there appears to be room …" inflation persistence …

A linear and lagged relationship between inflation, unemployment and labor force change rate, ?(t)=A0UE(t-t0)+A1dLF … in previous study holds together with statistical estimates of goodness-of-fit and RMSFE. Relationships between inflation … relationships between the studied variables demonstrates the superiority of the latter. The cumulative inflation curve or inflation …

Why is inflation so much lower and at the same time more stable in developed economies in the 1990s, compared with the … inflation equilibrium. Our argument builds on the story proposed by Tom Sargent in "The Conquest of American Inflation," where … the fall in inflation in the 1980s was attributed to the changing beliefs informing monetary policy. To explain the escape …

phenomena: (i) the flattening Phillips Curve and (ii) “well-anchored” inflation. In particular, I derive a Behavioral Attention … Phillips Curve (BAPC) whose slopes on the output gap and inflation expectations decline when inflation is less uncertain. When … inflation uncertainty is low, firms find it less costly to misperceive aggregate demand and inflation expectations, thus pay …