- Multivariate Core Trend Inflation🔍
- CORE INFLATION AND TREND INFLATION🔍
- The Macroeconomics of Trend Inflation🔍
- The international dimension of trend inflation🔍
- United States Inflation Rate🔍
- A New Model of Inflation🔍
- Trend Inflation and Implications for the Phillips Curve🔍
- A Fiscal Theory of Trend Inflation🔍
Trend Inflation
Multivariate Core Trend Inflation - Federal Reserve Bank of New York
The Multivariate Core Trend (MCT) model generates estimates of inflation persistence. We update the data and share sectoral insights at or shortly after 2 p.m. ...
CORE INFLATION AND TREND INFLATION - Princeton University
Abstract—This paper examines empirically whether the measurement of trend inflation can be improved by using disaggregated data on sectoral.
The Macroeconomics of Trend Inflation
The Macroeconomics of Trend Inflation by Guido Ascari and Argia M. Sbordone. Published in volume 52, issue 3, pages 679-739 of Journal of Economic ...
The international dimension of trend inflation - ScienceDirect.com
The main finding is that global factors – more specifically, commodity and oil prices, exchange rate, world slack, and GVCs – are important in explaining the ...
United States Inflation Rate - Trading Economics
The annual inflation rate in the US likely accelerated to 2.6% in October 2024, up from 2.4% in September which was the lowest rate since February 2021, marking ...
A New Model of Inflation, Trend Inflation, and Long-Run Inflation ...
with a structure for inflation, trend inflation, and inflation expectations that corresponds to a restricted, constant parameter version of ...
Trend Inflation and Implications for the Phillips Curve
Figure 2 reveals that the Phillips curve slope, κt increases when trend inflation goes up. Compared to that in the historical past and ...
In this model an increase in trend inflation is associated with a more volatile and unstable economy and tends to destabilize inflation expectations. This ...
A Fiscal Theory of Trend Inflation
Unfunded fiscal shocks sustain the recovery and cause an increase in trend inflation that counteracts deflationary non-policy shocks. JEL Codes: E50, E62, E30.
Optimal Trend Inflation - American Economic Association
Optimal Trend Inflation by Klaus Adam and Henning Weber. Published in volume 109, issue 2, pages 702-37 of American Economic Review, February 2019, ...
Trend Inflation in Advanced Economies
Abstract. We derive estimates of trend inflation for fourteen advanced economies from a framework in which trend shocks exhibit stochastic volatility. The ...
TIPS: The Trend Inflation Projection System and Estimation Results
This paper proposes a simple new methodology for projecting trend inflation, labelled the Trend Inflation Projection System (TIPS).
What Does Sectoral Inflation Tell Us About the Aggregate Trend in ...
We describe a multisector statistical model that provides a systematic approach to appropriately weight incoming inflation data from each sector.
Global factors and trend inflation - ScienceDirect.com
Our results suggest that while global factors can have a sizeable influence on the inflation gap, they play only a marginal role in driving trend inflation.
Understanding Trend Inflation Through the Lens of the Goods and ...
We develop an empirical framework that accounts for historical changes in the volatility and comovement of trend inflation in the goods and services sectors ...
The Fed - Underlying Inflation: Its Measurement and Significance
where π is actual inflation, π∗ is trend inflation, and ε and η are zero-mean, serially uncorrelated innovation terms (shocks) whose variances ...
Identifies innovations to trend inflation in US data using trend-cycle model of PCE inflation. 2. Estimates its aggregate effects on economic ...
12-month percentage change, Consumer Price Index, selected ...
CPI Inflation Calculator · Injury and Illness Calculator · Pay Measure Comparison · Demographic Data Sources · COVID-19 Economic Trends · Industry Productivity ...
Understanding trend inflation through the lens of the goods and ...
Our main contribution is to shed light on the role of the goods and services sectors as sources of aggregate trend inflation volatility for the US economy.
Monetary Policy, Trend Inflation and the Great Moderation
With positive trend inflation, the Taylor principle is not enough to guarantee a determinate equilibrium. We provide new theoretical results on restoring ...