This paper identifies over 100 inflation shock episodes in 56 countries since the 1970s,
including over 60 episodes linked to the 1973–79 oil crises. We document that only in 60 …

We study the global inflation surge during the pandemic recovery and the implications for
aggregate and sectoral Phillips curves. We provide evidence that Phillips curves shifted up …

Forecasting inflation has become a major challenge for central banks since 2020, due to
supply chain disruptions and economic uncertainty post-pandemic. Machine learning …

This paper identifies over 100 inflation shock episodes in 56 countries since the 1970s,
including over 60 episodes linked to the 1973–79 oil crises. We document that only in 60 …

The Covid-19 shock caused a dramatic spike in the number of retirees–a phenomenon
dubbed the “Great Retirement”–and a prolonged con-traction in the labor force. This paper …

Central banks and other financial policymakers rely on macroeconomic models to
understand transmission channels of policy decisions, forecast the economy under different …

At age 25, the euro has been a historical success, but it has not yet reached an adult stage.
The ECB has made much progress and can do more on its own. Its next monetary policy …

This thesis analyzes if there is a connection between the Norwegian exchange rate and
Norway's international trade, focusing on total exports and imports in three defined sectors …

This paper examines how inflation risks have evolved over time in a hard peg exchange rate
regime (ie, Jordan). Quantile regressions show a general increase in upside inflation risks …

Recent inflation experiences in Asia and the Pacific raise important questions: why was
inflation lower on average than in other regions, and why has it varied so much within the …