Este documento propone un modelo estadístico y un marco conceptual para estimar la volatilidad de la inflación suponiendo rational inattention, donde la caída del nivel de atención responde a la llegada de noticias al mercado. Estimamos la tendencia y la volatilidad condicional de la...

Oil price showed sharp fluctuations in recent years which revived the interest in its effect on inflation. In this paper, we discuss the relationship between oil price and inflation in Spain, at national and regional levels, and making the distinction between energy and non-energy inflation. To...

Oil price showed sharp fluctuations in recent years which revived the interest in its effect on inflation. In this paper, we discuss the relationship between oil price and inflation in Spain, at national and regional levels, and making the distinction between energy and non-energy inflation. To...