Showing 1 - 10 of 26,032
This work provides an extensive overview of the input-output (IO) literature, both theoretical and empirical, dealing with the inherent IO data uncertainty issues. The survey is carried out on the basis of a specific uncertainty technique used, rather than taking a chronological overview...
Persistent link: https://www.econbiz.de/10013010795
The ongoing trend of high inflation across much of the world has reignited interest in inflation volatility with … varying foci and methods. In this paper, we employ a Bayesian framework to estimate inflation volatility using a sample of G20 …
Persistent link: https://www.econbiz.de/10014256315
output-inflation volatility frontier of each model for alternative specifications of the interest rate rule, subject to an …-difference of the federal funds rate responds to the current output gap and the deviation of the one-year average inflation rate … complicated rules (i.e., rules that respond to a larger number of variables and/or additional lags of output and inflation …
Persistent link: https://www.econbiz.de/10014202911
factors impact the inflation rate. This study delves into the complex relationship between budgetary shocks, economic … uncertainty, and inflation within the context of the Russian economy. The aim of this study is to unravel how budgetary decisions …, made amidst a globally uncertain economic environment, influence inflation dynamics. In other words, the objective of this …
Persistent link: https://www.econbiz.de/10015323449
In a parsimonious regime switching model, expected consumption growth varies over time. Adding in ation as a conditioning variable, we uncover two states in which expected consumption growth is low, one with high and one with negative expected in ation. Embedded in a general equilibrium asset...
Persistent link: https://www.econbiz.de/10012000570
exploits the rounding patterns in individuals' responses to survey questions on inflation expectations (Binder, 2017). This … inflation expectations. …
Persistent link: https://www.econbiz.de/10012034114
. Adding inflation as a second variable, we uncover two states in which expected consumption growth is low, one with high and … one with negative expected inflation. Embedded in a general equilibrium asset pricing model with learning, these dynamics …
Persistent link: https://www.econbiz.de/10012797771
. The second chapter provides a theory of offshoring under imitation risk that explains optimal dynamic adjustments of firms … Faktorausstattung zweier Länder basiert. Das zweite Kapitel liefert eine Theorie zu Offshoring unter Imitationsrisiko. Diese Theorie …
Persistent link: https://www.econbiz.de/10011742945
We rely on the Atlanta Fed's Business Inflation Expectations survey to draw inference about firms' inflation … literature, we find evidence that the concept of "aggregate inflation" as measured through price statistics like the consumer … experiments (including randomized controlled trials) that show how researchers word questions to elicit inflation expectations and …
Persistent link: https://www.econbiz.de/10014048703
equilibrium exists. We study the response differences in the dynamics of the inflation rate to changes in the mean and variance of … the Great Recession, in which the effects of greater model uncertainty may have played a role in keeping inflation rates …
Persistent link: https://www.econbiz.de/10013031084