A Broader Perspective on the Inflationary Effects of Energy Price Shocks
This paper develops a vector autoregressive model that quantifies the joint impact of shocks to several energy prices on headline and core CPI inflation.
December 21, 2022
Forecasting Inflation in Open Economies: What Can a NOEM Model Do?
This paper evaluates the forecasting ability when inflation is viewed as an inherently global phenomenon through the lens of the workhorse New Open Economy Macro (NOEM) model.
December 20, 2022
Behind the Numbers: PCE Inflation Update, October 2022
The headline, or all-items, PCE price index rose an annualized 4.1 percent in October after increasing an annualized 4.2 percent in September.
December 01, 2022
Dallas Fed Economics
Does employers’ worker poaching explain the Beveridge curve’s odd behavior?
Increased worker job-hopping may help explain the odd-shaped post-COVID Beveridge curve and the underlying employment behavior it depicts.
November 22, 2022
Opening Remarks for 'Energy and the Economy: The New Energy Landscape' Conference
Dallas Fed President Lorie Logan delivered this address to open the conference hosted by the Federal Reserve Banks of Dallas and Kansas City in Houston.
November 10, 2022
Just Do IT? An Assessment of Inflation Targeting in a Global Comparative Case Study
This paper introduces novel measures to assess the effectiveness of inflation targeting (IT) and examines its performance across a broad sample of advanced economies (AEs) and emerging market and developing economies (EMDEs).
November 05, 2022
Behind the Numbers: PCE Inflation Update, September 2022
The headline, or all-items, PCE price index rose an annualized 4.1 percent in September after increasing an annualized 3.2 percent in August.
November 04, 2022
Dallas Fed Economics
Whose wages are falling behind the least amid surging inflation?
For a majority of workers, wages didn’t increase as fast as inflation in the 12 months ended in second quarter 2022. Here, we dig deeper to see how outcomes may have differed across groups of workers.
October 18, 2022
Dallas Fed Economics
More workers find their wages falling even further behind inflation
While the past 25 years have witnessed episodes that show either a greater incidence or larger magnitude of real wage declines, the current time period is unparalleled in terms of the challenge employed workers face.
October 04, 2022
Behind the Numbers: PCE Inflation Update, August 2022
The headline, or all-items, PCE price index fell an annualized 0.8 percent in July after increasing an annualized 12.2 percent in June.
September 30, 2022