Empirical Estimates of Changing Inflation Dynamics
نویسندگان
چکیده
منابع مشابه
Inflation Dynamics in a Dutch Disease Economy
Abstract In this paper, the effect of foreign sector macro-variable on inflation dynamics and firms’ pricing behavior has been investigated in the context of a small open economy New Keynesian Phillips Curve. This curve is derived and estimated for a developing oil-exporting economy suffering from Dutch Disease. This version of NKPC is an extension of Leith and Malley’s (2007) small open econom...
متن کاملInflation Dynamics and Inflation Regimes
In this paper we develop and estimate a new-Keynesian model of inflation and use it to investigate the hypothesis that prices in the UK are re-set more frequently during periods of high inflation. In the model, firms are assumed to condition their expectations on an optimally-selected but incomplete information set and we further assume that the probability that they will reset their price in a...
متن کاملDynamics of Assisted Inflation
We investigate the dynamics of the recently proposed model of assisted inflation. In this model an arbitrary number of scalar fields with exponential potentials evolve towards an inflationary scaling solution, even if each of the individual potentials is too steep to support inflation on its own. By choosing an appropriate rotation in field space we can write down explicitly the potential for t...
متن کاملDissipative Dynamics of Inflation
Dissipative scalar quantum field theory is examined at zero temperature. Estimates of radiation production are given. Relevance of the results to supercooled and warm inflation are discussed. To appear in Proceeding, PASCOS-01, 2001 The basic picture of inflationary dynamics centers around a scalar field often called the inflaton. During the inflationary period, the potential energy of this fie...
متن کاملWarm Inflation Dissipative Dynamics
Warm inflation dynamics is reviewed. Results on dissipative scalar field dynamics relevant to warm inflation are examined and estimates of radiation production are given.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2009
ISSN: 1556-5068
DOI: 10.2139/ssrn.1432487