Understanding inflation dynamics: Where do we stand ?

Maarten Dossche

No 165, Working Paper Research from National Bank of Belgium

Abstract: I summarize recent progress made in the literature on inflation dynamics. This has been a very productive area of research due to the development of the so-called New Keynesian model and the availability of new macroeconomic and microeconomic evidence. Nevertheless, a number of problems still subsist. In particular the importance of temporary price markdowns to inflation dynamics and the characteristics of the information set price-setters use for their price adjustment decision currently constitute unresolved issues

Keywords: Inflation dynamics; New Keynesian model; sticky prices (search for similar items in EconPapers)
JEL-codes: E30 E50 E60 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2009-06
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.nbb.be/doc/ts/publications/wp/wp165en.pdf (application/pdf)

Related works:
Journal Article: Understanding Inflation Dynamics.Where Do We Stand? (2009)
Journal Article: Understanding Inflation Dynamics.Where Do We Stand? (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbb:reswpp:200906-11

Access Statistics for this paper

More papers in Working Paper Research from National Bank of Belgium Contact information at EDIRC.
Bibliographic data for series maintained by ().