This paper presents a comprehensive examination of the determination and evolution of inflation expectations, with a … focus on emerging market and developing economies (EMDEs). The results suggest that long-term inflation expectations in …. Indeed, in EMDEs, long-term inflation expectations are more sensitive to both domestic and global inflation shocks. However …

This paper studies the effects of global and domestic inflation shocks on core price inflation in 105 countries between … empirical results indicate that most of the variation in inflation among low-income countries over the past decades is accounted … for by external shocks. More than half of the variation in core inflation rates among low-income countries is due to …

In a differential information economy with quasi-linear utilities, monetary transfers facilitate the fulfillment of …

information, and an incomplete asset market. For alternative scenarios, which differ in the information available to consumers and … monetary policy can be effective (i) by modifying the structure of payoffs of assets and (ii) by modifying the information …

, the euro, is a primary objective of the European Union. Its achievement requires effective information and communication …

inflation. …

aggregate or an index of inflation (either alone or in combination with some measure of the output gap). Because there is a …