recently adopted inflation targets. Some significant shifts in the conduct of monetary policy are detected in the G3 countries … begin to look consistent with an inflation-targeting regime. In addition, the introduction of inflation targeting and … inflation targets and central bank reforms. The paper challenges the one-size-fits-all attitude towards modern central bank …

, Inflation and the Risk Premium -- Chapter 4; The Mundell Fleming Model of the Exchange Rate -- Chapter 5: Valuation Models (PPP …, DEER, FEER)? -- Chapter 6: What Drives Inflation and How Do Central Banks Control It? -- Chapter 7: Analogous Frameworks … inflation. Many real-world examples illustrate how these concepts relate to each other. I have enjoyed reading every page of …

This paper analyses the determinants of short-term inflation expectations based on surveys of professionals, using … dynamic cross-country panel estimation for a large number of 34 OECD economies. We find that food consumer price inflation and … depreciations of the domestic exchange rate have significant positive effects on professionals' survey-based inflation expectations …

inflation expectations driven by evolutionary dynamics. We show that at the ELB, fiscal policy conducted in accordance with a … interventions have both a direct effect on output and inflation (via aggregate demand formation) and an indirect effect on these …

The surge in energy prices in 2022 has been a defining factor behind the increase in euro area inflation. We assess the … to mute the effects of the increase in energy prices and to lower inflation. Overall, we find that these unconventional … measures reduced euro area inflation by 1 to 2 percentage points in 2022 and may avoid an undershoot later on. When …