solutions, all have failed as these attempts implicitly assume perfectly-correct inflation statistics. Examining these … assumptions, we discover that not only are the inflation numbers materially flawed, but more so, there are significant incentives … for government entities to under-report inflation. With this, we find that to explain the Equity Premium Puzzle, inflation …

into account expected inflation and some measure of the expected output gap. On the other hand, realized inflation and …

determine when and if a seigniorage-maximizing inflation rate occurred and this way provide a rational on the development of … that the seigniorage-maximizing rate of inflation of the Venezuelan economy occurred around the first quarter of 2016 at a … monthly inflation rate of approximately 13 percent. The implications of this are that when facing the choice of maximizing …

Low and unresponsive inflation has been termed a “puzzle.”. The paper combines a monetary model and a growth model to … explain low inflation and project its continued decline.The monetary model forecast in 2016 central banks would fail to reach … 2% targets, which has been true. The model explains inflation as changes of the unit value of a currency, a function of …

Analyzing inflation as a change in the value of a currency, rather than changes in prices of goods and services …, provides perspective on three fundamental sources of inflation.A Money Value Formula produces a significant statistical fit … with forward long-term inflation rates using long lags of monetary aggregates with inflation variability due almost …