Housing demand and remote work

JA Mondragon, J Wieland - 2022 - nber.org
What explains record US house price growth since late 2019? We show that the shift to
remote work explains over one half of the 23.8 percent national house price increase over …

Comparing past and present inflation

MA Bolhuis, JNL Cramer, LH Summers - Review of Finance, 2022 - academic.oup.com
There have been important methodological changes in the Consumer Price Index (CPI) over
time. These distort comparisons of inflation from different periods, which have become more …

[PDF][PDF] Real estate booms and busts: implications for monetary and macroprudential policy in Europe

J Muellbauer - Challenges for monetary policy in a rapidly changing …, 2022 - ecb.europa.eu
Housing is the single largest component of wealth for the majority of households in the Euro
area countries with implications for consumer spending, and residential investment is a …

Forecasting inflation with economic narratives and machine learning

Y Hong, F Jiang, L Meng, B Xue - Available at SSRN 4175749, 2022 - papers.ssrn.com
In this paper we apply economic narratives to inflation forecasting using a large news corpus
and machine learning algorithms. We measure economic narratives quantitatively from the …

The 2021-22 surge in inflation

O Kryvtsov, J MacGee, L Uzeda - 2023 - econstor.eu
The rise in inflation in 2021-22 sparked a growing literature and debate over the causes of
the surge as well as the near-and medium-term path for inflation. This review offers three key …

Forecasting Inflation Using Economic Narratives

Y Hong, F Jiang, L Meng, B Xue - Journal of Business & Economic …, 2024 - Taylor & Francis
We use economic narratives to forecast inflation with a large news corpus and machine
learning algorithms. The economic narratives from the full text content of over 880,000 Wall …

When Is (Performance-Sensitive) Debt Optimal?

P Chaigneau, A Edmans, D Gottlieb - … Institute–Finance Working …, 2023 - papers.ssrn.com
Existing theories of debt consider a single contractible performance measure (" output''). In
reality, other performance signals are available. It may seem that debt is no longer optimal: if …

Weltwirtschaft im Frühjahr 2023: Hartnäckige Inflation, gebremste Expansion

KJ Gern, S Kooths, J Reents, N Sonnenberg… - 2023 - econstor.eu
Die Erholung der Weltwirtschaft von den Auswirkungen der Corona-Pandemie ist im Jahr
2022 unter dem Eindruck hoher Energiepreise und großer Unsicherheit erst einmal zu Ende …

Using deep (machine) learning to forecast US inflation in the COVID‐19 era

D Stoneman, JV Duca - Journal of Forecasting, 2024 - Wiley Online Library
The 2021–2022 surge in US inflation was unanticipated by the Survey of Professional
Forecasters (SPF) and other macroeconomists and institutions. This study assesses whether …

World Economy Winter 2023: Strong headwinds for global economic activity

KJ Gern, S Kooths, N Sonnenberg, J Reents… - 2023 - econstor.eu
The global economy held up better than expected in the face of the inflation shock and the
massive tightening of monetary policy in 2023, even if the economic expansion was …