This paper presents evidence that inflation expectations, as measured by the Michigan
Survey of Consumers, only play a minimal role in the propagation of real oil price shocks …

Abstract We develop a Bayesian Structural VAR model to study the relationship between
different energy shocks and inflation dynamics in Europe. Specifically, we model the …

This paper investigates if core inflation, the measure of price growth obtained excluding the
more volatile items such as energy and food prices, is a good approximation of headline …

What inflation measure should central banks target? This paper highlights a mechanism
where monetary policy optimally targets headline inflation if households pay limited attention …

This article investigates the links between commodity price bubbles and macroeconomic
factors, with an application to the agricultural commodity markets in China from 2006 to …

Whether high price volatility could reflect market fundamentals is still open to debate,
although the literature has established the presence of price explosiveness in many …

This paper introduces a novel measure of consumer inflation expectations: We elicit and
combine inflation forecasts across categories of personal consumption expenditure to form …

Our study uses the grey relational analysis (GRA) and artificial neural network (ANN) models
for the prediction of consumer exchange-traded funds (ETFs). We apply eight variables …

Резюме В этом исследовании представлен новый подход для определения новостей,
которые могут оказывать наибольшее влияние на формирование инфляционных …

This paper proposes a New Keynesian dynamic stochastic general equilibrium model of the
Chinese economy incorporating the demand of oil to study the effects of oil price shocks on …