Because there is no perfect gauge of inflation, the macroeconomic enterprise of indexing inflation ultimately dissolves … significance of methodological choices made in the course of indexing inflation. It will focus on two different indexes of … inflation in the United States: the Consumer Price Index (CPI) and the implicit price deflator of the gross domestic product …

inflation, as the Monetarists have assumed. And he contends that inflation is in any case not the overwhelming satanic force …

marginal cost of taxation thus making inflation more attractive from the public finance point of view. An important … empirical evidence. We provide further empirical evidence in support of this view, according to which controlling for inflation …

policy to U.S. inflation over the December 2019-June 2022 period. Model calibrations show that aggregate demand shocks … explain roughly two-thirds of total model-based inflation, and that the fiscal stimulus contributed half or more of the total …

This paper analyses the distributional impact of high consumer inflation in the euro area and government measures to … quantify the distributional impact of inflation, income support measures and measures aimed at containing prices. The analysis … confirms that purchasing power and welfare were more severely affected by the 2022 inflation surge in lower-income households …

This paper investigates the interplay between discretionary fiscal policy and inflation in the euro area, emphasizing … on inflation is non-linear, with debt levels significantly affecting the inflationary outcome of fiscal measures. High … debt levels tend to amplify the inflation response to fiscal expansions, a finding that holds under multiple analytical …

The paper analyses the reasons for Japan's persistently low inflation since the bursting of the Japanese bubble economy … (low inflation conundrum). It is shown that Japan experienced a structural break from a high-growth period with relatively … high inflation to a low-growth period with exceptionally low inflation since the early 1990s. We show based on a stylized …