While the CPI may have overstated inflation in the mid-1990s by about one percent per year, as concluded by the Boskin Commission, it does not make sense to extrapolate that rate of bias backwards over long periods of time. The "Hulten-Bruegel paradox" shows that any such exercise in backward extrapolation yields levels of real consumption two or four centuries ago that are implausibly low, bar...

Housing rents are a large share of household budgets and make contribution to overall inflation. Rent inflation rates for different types housing units sometimes diverge, even in the same neighborhoods. We estimate during 2013 2016 apartment outpaced detached United States by 0.76 percentage points annually after controlling location effects. These rent dynamics imply segmented market. They als...

There is undoubtedly a case to be made for higher future inflation; there are also strong arguments for more moderate levels. Our aim in Part I of this series is not to predict, but rather to outline what we believe are the key issues surrounding the inflation debate, and to clarify some misconceptions about inflation and inflation-linked assets. We also offer some analysis which investors may ...

This paper investigated in the topic of inflation under event COVID-19. To what extend did COVID-19 have impact on these economies through indexes like rate and CPI. Through research it is concluded that had largest US economy with an experience high inflation, based Especially areas energy, retails, services were impacted most price goods increasing rapidly. Similar, EU also experienced a impo...

Finding a monetary regime that can deliver some form of price stability, as well as satisfactory economic performance, always has been explained more convincingly in theory than in practice. Consequently, governments have, over time, experimented with policies ranging from some metallic standard (for example, gold, silver, or bimetallic) to various forms of exchange rate pegging (for example, B...