Top Research Papers on Inflation

über viele Jahre hinweg spielte die Entwicklung der Verbraucherpreise kaum eine Rolle in unserem täglichen Leben. Inflation war kein Thema. Dies hat sich zuletzt geändert. Tanken und Heizen sind spürbar teurer geworden, beim Einkauf im Supermarkt werden höhere Beträge fällig, die Bahn passt die Ticketpreise nach oben an – kurzum, in der Öffentlichkeit und in der Politik wird zunehmend mit Sorgenfalten auf die Preisentwicklung geschaut. Stehen wir vor einem beängstigenden Anspringen der Inflation? Müssen wir für den Rest der Zwanzigerjahre mit schmerzhaften Kaufkraftverlusten rechnen?

A critical and homogeneous universe: The conundra that the inflationary paradigm resolves. “Exponential” growth of the scale of the Universe. Causal domains in the old and inflationary Big Bang theories. The tiny CBR anisotropies in inflation. The inflatIon field and its evolution. Reheating and the generation of all matter. The largest “objects” that exist (the uniform patches of the CBR sky) were once mere quantum fluctuations. Thus, Quantum Mechanics also describes the biggest “things.” Inflationary predictions or simply data fits?

The shortcomings of the Standard Big Bang Cosmological Model as well as their resolution in the context of inflationary cosmology are discussed. The inflationary scenario and the subsequent oscillation and decay of the inflaton field are then studied in some detail. The density perturbations produced during inflation and their evolution during the matter dominated era are presented. The temperature fluctuations of the cosmic background radiation are summarized. The non-supersymmetric as well as the supersymmetric hybrid inflationary model is introduced and the `reheating' of the universe is an...

of the House of Lords on an English appeal, purporting to lay down rules for Scots law, binds the Scottish courts, and vice versa. Similarly, it is doubtful bow far regional courts of appeal (e.g., the East African Court of Appeal) bind courts of the constituent territories of the community when the appeal comes from one territory and is to be applied in another. It would be inappropriate, ina note of this description, to consider all the authorities, but it is submitted that the fundamental question is the nature of the Privy Council as an appellate body. When it sits on an appeal from a cour...

El presente trabajo tiene como objetivo estimar un modelo de regresión que analice el incremento generalizado de los precios de los bienes y servicios de la economía mexicana. En este propósito, los coeficientes serán calculados con el método de Mínimos Cuadrados Ordinarios a fin de validar, mediante diversas pruebas estadísticas, el cumplimiento de los supuestos y propiedades de los estimadores obtenidos, de manera tal que se aplique la metodología del análisis de regresión a los postulados teóricos de la inflación.

Consumer Price Index When you hear a news item about inflation, chances are the reporter is talking about the Consumer Price Index (CPI). The CPI tracks the change in prices paid by urban consumers for a market basket of goods and services. That basket is made up of more than 200 categories, arranged into eight major groups: food and beverages, housing, apparel, transportation, medical care, recreation, education and communication, and other goods and services. The CPI also includes governmentcharged user fees (such as auto registration fees) and taxes that are directly related to the sale of ...

To the editors: As the Treasurer of the New Jersey Dermatological Society, I recently had the opportunity to review two bills sent to us for services rendered, almost exactly 20 years apart, sent by the identical company and individual.

A. Neal Geller, Ph.D., is an associate professor instructing courses in accounting and financial management at the Cornell University School of Hotel Administration. A 1964 graduate of the School, he holds an M.B.A. from Cornell University and a doctorate in accounting from the Syracuse University Graduate School of Management. Is the disclosure of replacement-cost data a coming requirement for all publicly held firms

Inflation typically refers to rising prices. In both ancient and modern societies, inflation is sometimes difficult to identify, measure, and explain with precision. Inflation can occur in the prices of individual goods, the goods and services associated with a particular industry or sector of an economy, or as a macro-phenomenon in which all or most prices in an economy rise. The magnitude of price rises and the duration during which prices stay elevated also have a bearing on how inflation is studied. The ancient world witnessed periods of both slow and steady inflation as well as punctuated...

Although hotel executives expect little real sales growth in the industry between now and 1985, most are more optimistic about the outlook for their own operations

Da Stephen Hawking var en ung ph.d.-student på treogtyve år, fandt han ud af, at det følger som en konsekvens af klassisk generel relativitetsteori, at universet lader til at være startet i en singularitet i rumtiden, lidt ligesom den type singularitet man finder inde i et sort hul, hvor rum og tid ophører med at eksistere i normal klassisk forstand. Hawkings opdagelse understreger det grundlæggende problem i standard Big Bang-modellen. Inden for klassisk generel relativitetsteori er det vanskeligt at forstå universets begyndelsesbetingelser tæt på Big Bang. For at forstå universets oprindelse...

This is an entry for the second edition of Sage's Encyclopedia of Business Ethics and Society. It is a brief explanation of inflation, its causes and its consequences. Inflation has important economic, political, social and ethical implications for countries, especially because it affects the standard of living and distribution of income among citizens. The entry also discusses how inflation can be reduced and touches upon the issue of deflation.

The basic workings of inflationary models are summarized, along with the arguments that strongly suggest that our universe is the product of inflation. I describe the quantum origin of density perturbations, giving a heuristic derivation of the scale invariance of the spectrum and the leading corrections to scale invariance. The mechanisms that lead to eternal inflation in both new and chaotic models are described. Although the infinity of pocket universes produced by eternal inflation are unobservable, it is argued that eternal inflation has real consequences in terms of the way that predicti...

A short review of inflation is given, starting with a description of the underlying mechanism and the scenario of events. Four variations--old inflation, new inflation, chaotic inflation, and extended inflation--are discussed. It is claimed that the inflationary model provides a plausible explanation for (i) the large number of particles in the universe, (ii) the Hubble expansion, (iii) the large-scale uniformity of the universe, (iv) the nearness of the universe to a critical density, (v) the absence of magnetic monopoles, and (vi) the scale-invariant spectrum of microwave background fluctuat...

We have been planning for sometime to devote a Review of the Month to an analysis of inflation, a subject which is at once omnipresent, increasingly painful, and little understood. While we were in the process of discussing the most useful angle of approach and lines of argument, we received from our friend Jacob Moms an article on precisely ,this subject. It says what we think, and does it so welI that we decided to present it in this space, adding our own commendation and endorsement. Naturally, as Jacob Morris would be the first to agree, no brief analysis of inflation could deal with all a...

Different measures of inflation have their pros and cons. Changing the Monetary Policy Committee's inflation target to an inflation measure that excludes housing costs and is not widely used by economic decision-makers may well be problematic.

We study a game where households buy consumption goods to preempt inflation. This game features a unique equilibrium with high (low) inflation, whenever money supply is high (low). For intermediate levels of money supply, there exist multiple stable equilibria where inflation is either high or low. Equilibria with moderate inflation, however, do not exist, and can thus not be targeted by central banks. That is, depending on agents' equilibrium play, money supply is always either too high or too low for moderate inflation. Finally, we find that inflation rates of durable goods, such as houses, ...

We study a game where households convert paper assets, such as money, into consumption goods, to preempt inflation. The game features a unique equilibrium with high (low) inflation, if money supply is high (low). For intermediate levels of money supply, there exist multiple equilibria with either high or low inflation. Equilibria with moderate inflation, however, do not exist, and can thus not be targeted by a central bank. That is, depending on agents’ equilibrium play, money supply is always either too high or too low for moderate inflation. We also show that inflation rates of long-lived go...

We consider a novel model of cosmic inflation. In our model one does not need any specific matter field to drive inflation, but inflation stems from the microscopic, Planck scale structure of spacetime, thus being of quantum gravitational origin. At a certain temperature spacetime performs a phase transition, where the cosmological constant drops from a huge, Planck scale value, which is about $10^{87}s^{-2}$ to its present, pretty small value $10^{-35}s^{-2}$. When the cosmological constant is large, the universe goes through a period of very rapid expansion which, however, comes to an abrupt...

‘INFLATION IS ALWAYS AND EVERYWHERE A MONETARY PHENOMENON resulting from and accompanied by a rise in the quantity of money relative to output.’ ‘We face a new inflationary problem. Its origins are social and political, not economic or monetary.’ These two quotations summarize briefly, but well, the two most widely held yet sharply conflicting views on the causes of inflation. Which view is correct? Is it possible, perhaps, that.in a paradoxical sense both are? These are the central questions which are addressed in this paper. First an analytical framework is presented within which it is possi...