- Intrinsic Inflation Persistence in a Developing Country🔍
- The Role of Inflation Persistence in the Inflation Process in the New ...🔍
- Self|confirming Inflation Persistence*🔍
- Intrinsic Persistence of Wage Inflation in New🔍
- Is Inflation Persistence Over?🔍
- Inflation persistence and why it matters🔍
- inflation persistence🔍
- Measuring Inflation Persistence in Brazil Using a Multivariate Model🔍
Intrinsic Inflation Persistence
Intrinsic Inflation Persistence in a Developing Country
Abstract: Persistence in inflation is important because it dictates the costs associated with monetary policy actions. We conduct a detailed analysis of the ...
The Role of Inflation Persistence in the Inflation Process in the New ...
The model enables identification of two types of inflation persistence: intrinsic and expectations-based inflation persistence. The second model employed,.
Self-confirming Inflation Persistence* - University of St Andrews
It thinks, in other words, that inflation is intrinsically persistent. The central bank sets monetary policy optimally subject to this belief. The central bank ...
Intrinsic Persistence of Wage Inflation in New - jstor
The former accounts for wage stickiness, whereas the latter introduces intrinsic inflation persistence.1 The successful implementation of these assumptions ...
Is Inflation Persistence Over? - SciELO
Our results indicate that inflation persistence is decreasing over time for the great majority of industrial economies. Many emerging economies, however, show ...
Global: inflation persistence and why it matters - LinkedIn
Researchers at the Federal Reserve have analysed how much of recent US inflation is persistent and how much is broad-based. They found “that the ...
Inflation persistence and why it matters
A succession of shocks, persistence in the variables that underpin the inflation process –e.g. a large positive or negative output gap-, ...
inflation persistence, noisy information and the phillips curve
intrinsic persistence, insufficient to generate the large fall in inflation persistence that I observe in the data.6. Deflator, https:// fred.stlouisfed.org ...
Measuring Inflation Persistence in Brazil Using a Multivariate Model
According to them, measures of persistence have often been overvalued by emphasising on intrinsic persistence. 2.1. The Brazilian context. In the 1980s and in ...
Variable Elasticity Demand and Inflation Persistence
This dispersion is intrinsically inertial under the staggered price setting and differs from relative price distortion, which coincides with demand dispersion ...
Investigating Inflation Persistence Across Monetary Regimes
... inflation appears to be purely forward-looking. These results question the notion that the intrinsic inflation persistence found in post-WWII U.S. data is ...
the model with trend inflation creates intrinsic persistence in the inflation dynamics through relative price dispersion. The model, similar to the one in ...
Monetary Policy with Uncertain Inflation Persistence in - IMF eLibrary
Informally, 'inflation persistence' denotes the tendency of the rate of change of prices (or wages) to remain constant in the absence of an ...
Is Inflation Persistence Over?
marginal cost or output gap (this is called extrinsic persistence); the dependence of inflation on its own past, also called intrinsic persistence and ...
INFLATION PERSISTENCE AND PRICE-SETTING BEHAVIOUR IN ...
Second, in line with the evidence reported above, also structural models find that the degree of intrinsic persistence drops when estimated over more recent ...
Measuring inflation persistence: a structural time series approach
6. Page 7. As the measured intrinsic persistence depends highly on the right measure of the long run equilibrium inflation rate, we want to test the robustness ...
Inflation Persistence, Noisy Information and the Phillips Curve
... inflation, which I assume is constant within eras. Aug- menting the model with trend inflation creates intrinsic persistence in the inflation dynamics through.
His results challenge the notion that there is an intrinsic component to inflation persistence when the monetary regime is consistent with price stability. It ...
Inflation expectations, inflation persistence, and monetary policy ...
Importantly, since lagged inflation is pre-determined, the only way to get inflation down from high levels is to depress aggregate demand for an ...
INVESTIGATING INFLATION PERSISTENCE ACROSS MONETARY ...
Is the intrinsic persistence found in U.S. post-WWII data— captured, in hybrid New Keynesian Phillips curves, by a signif- icant extent of backward-looking ...