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 …
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 …
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 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 …
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 …
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 …
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 …
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 …
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 …