Why Trend Inflation Volatility is Key for Future Economic Forecasts
13 Dec 2024
Explore how trend inflation volatility shapes economic predictions and why changes in inflation targets matter for long-term stability.
How the Lucas Critique Impacts the Rotemberg Economic Model
12 Dec 2024
Learn how the Lucas Critique impacts the Rotemberg model and what real-world frictions mean for economic predictions and output.
What Drives Inflation?
12 Dec 2024
Explore how price changes, demand, and markups influence inflation and economic models, backed by real-world evidence and microeconomic insights.
Reassessing the Phillips Curve: Benchmarking, Robustness, and Structural Variations
12 Dec 2024
Explore how variations in structural parameters affect the Phillips curve's slope coefficients.
Empirical Robustness and Parameter Selection in Macroeconomic Modeling
12 Dec 2024
Discover how empirical robustness in macroeconomic modeling hinges on parameter selection, addressing uncertainty, and refining the Phillips curve.
How Unconventional Monetary Policies Address Economic Shocks
12 Dec 2024
Explore unconventional monetary policies, focusing on persistence elimination, demand shocks, and the interplay between inflation and output smoothing
The Calvo Wage Phillips Curve and Labor Market Imperfections
12 Dec 2024
Discover the Calvo Wage Phillips Curve, exploring wage rigidity, labor unions, and their role in economic models used by central banks.
Understanding Keynesian Models and Taylor Pricing
12 Dec 2024
Explore the Taylor Pricing model within Keynesian economics, highlighting staggered contracts, inflation dynamics, and their implications for pricing strategies
Understanding Marginal Costs and Inflation
12 Dec 2024
Explore the relationship between marginal costs and inflation, focusing on optimal pricing rules and the economic condition for minimizing long-run costs.