We review the literature on gold as an investment. We summarize a wide variety of literature,
including the papers in this special issue of International Review of Financial Analysis to …

This paper surveys the literature since 1993 on pseudo out-of-sample evaluation of inflation
forecasts in the United States and conducts an extensive empirical analysis that …

This paper illustrates how to handle a sequence of extreme observations—such as those
recorded during the COVID‐19 pandemic—when estimating a vector autoregression, which …

We estimate the slope of the Phillips curve in the cross section of US states using newly
constructed state-level price indices for nontradeable goods back to 1978. Our estimates …

This paper introduces a global database that contains inflation series:(i) for a wide range of
inflation measures (headline, food, energy, and core consumer price inflation; producer …

The Covid-19 pandemic has disrupted global supply chains, leading to shipment delays and
soaring ship** costs. We study the impact of global ship** costs—measured by the …

This paper argues for a careful (re) consideration of the expectations formation process and
a more systematic inclusion of real-time expectations through survey data in macroeconomic …

Inflation forecasting is an important but difficult task. Here, we explore advances in machine
learning (ML) methods and the availability of new datasets to forecast US inflation. Despite …

We study the impact of fluctuations in global oil prices on domestic inflation using an
unbalanced panel of 72 advanced and develo** economies over the period from 1970 to …

Why are interest rates so low in the Unites States? We find that they are low primarily
because the premium for safety and liquidity has increased since the late 1990s, and to a …