Foreign price shocks have significant effects on functional income distribution and on inflation inequality. By ….g. food prices for low-wage workers). Based on the conflicting-claims inflation literature, we propose a new extension to this … with an inflation-targeting regime. We investigate the impacts of foreign price shocks on income and inflation inequality …

supply chain disruptions for inflation and monetary policy in sub-Saharan Africa. Increases in supply chain pressures have … had a sizeable impact on headline, food, and tradable inflation for a panel of 29 sub-Saharan African countries from 2000 … to 2022. Our findings suggest that central banks can stabilize inflation and output more efficiently by monitoring global …

inflation and output dynamics in the United States. In particular, I find that real money balance effects are quantitatively …

In 1991, the rate of inflation in the Czech Republic, Hungary and Poland was between 35% and 70%. At the end of 2001 …-looking inflation and exchange rate expectations, can adequately characterize the relationship between the output gap, inflation, the … affects both aggregate demand and supply) in determining the path of (dis)inflation. In the same context, we also tentatively …

policy rate to bank-lending rates. Strong cost-side effects heavily constrain the policy rate response to inflation from … above, so that inflation targeting policies may not be capable of ensuring REE uniqueness. In such cases, it is advisable to … combine inflation responses with an appropriate reaction to the output gap and/or firm profitability. The negative reaction of …

We compare the performance of alternative monetary policy frameworks (inflation targeting, average inflation targeting … additional source of societal welfare loss due to cyclical fluctuations in inequality on top of those from inflation and output …