Research Handbook on Inflation

‘The recent global surge of inflation reignited interest in understanding price dynamics and what central banks can do about it. This timely Handbook gathers leading experts to give a comprehensive perspective on many key questions related to inflation. This is an authoritative one-stop source for anybody interested in this subject.’ – Yuriy Gorodnichenko, University of California, Berkeley, USA‘Far and away the most in depth, comprehensive and reliable guide to inflation available. An indispensable reference for everyone from academic economists to policymakers.’ – Jason Furman, Aetna Professor of the Practice of Economics, Harvard University and former Chairman of the White House Council of Economic Advisers, USA‘The Handbook provides a comprehensive overview of the frontiers of knowledge on inflation, covering every possible aspect of the phenomenon, from measurement issues to central banks’ response to the recent inflationary episode. It will prove an invaluable reference for students, researchers and policymakers in the years to come.’ – Jordi Gali, Barcelona School of Economics, Spain‘This Handbook is comprehensive: it presents advances in the modeling of inflation, forecasting of inflation, and measuring of inflation as well as case studies from the major central banks in the world, all written by leaders in the field. It will be an invaluable resource for academics and practitioners alike.’ – Stephanie Schmitt-Grohe, Columbia University, USA

Edited by Guido Ascari, University of Pavia, Italy and De Nederlandsche Bank, the Netherlands and Riccardo Trezzi, University of Pavia, Italy and Underlying Inflation, Switzerland.