2023 - Volume 55, Issue 8

A Theory of Intrinsic Inflation Persistence

TAKUSHI KUROZUMI,  WILLEM VAN ZANDWEGHE


How Does Monetary Policy Affect Welfare? Some New Estimates Using Data on Life Evaluation and Emotional Well-Being

LINA EL-JAHEL,  ROBERT MACCULLOCH,  HAMED SHAFIEE


Does Real-Time Macroeconomic Information Help to Predict Interest Rates?

ALBERTO CARUSO,  LAURA CORONEO


Superkurtosis

STAVROS DEGIANNAKIS,  GEORGE FILIS,  GRIGORIOS SIOUROUNIS,  LORENZO TRAPANI


Does the Exchange Rate Respond to Monetary Policy in Mexico? Solving an Exchange Rate Puzzle in Emerging Markets

PAVEL SOLÍS


News Shocks, Business Cycles, and the Disinflation Puzzle

HAFEDH BOUAKEZ,  LAURENT KEMOE


Debt Overhang and Lack of Lender's Commitment

KEIICHIRO KOBAYASHI,  TOMOYUKI NAKAJIMA,  SHUHEI TAKAHASHI


Endogenous Growth, Skill Obsolescence, and Output Hysteresis in a New Keynesian Model with Unemployment

WOLFGANG LECHTHALER,  MEWAEL F. TESFASELASSIE


Disagreement in Consumer Inflation Expectations

TOMASZ ŁYZIAK,  XUGUANG SIMON SHENG