2023 - Volume 55, Issue 8

2023 - Volume 55, Issue 8

A Theory of Intrinsic Inflation Persistence

TAKUSHI KUROZUMI,  WILLEM VAN ZANDWEGHE

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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

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

ALBERTO CARUSO,  LAURA CORONEO

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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

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News Shocks, Business Cycles, and the Disinflation Puzzle

HAFEDH BOUAKEZ,  LAURENT KEMOE

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Debt Overhang and Lack of Lender's Commitment

KEIICHIRO KOBAYASHI,  TOMOYUKI NAKAJIMA,  SHUHEI TAKAHASHI

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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