We propose a macroeconomic model with a nonlinear Phillips curve that has a flat slope when inflationary pressures are subdued and steepens when inflationary pressures are elevated. The nonlinear ...

Then, using a calibrated new Keynesian framework and two measures of loss that incorporate a “balanced approach” to weigh inflation and the output gap, we find that loss is monotonically increasing in ...

But that is only part of the reason why the inflation crisis is impacting women so heavily. Additional challenges include an ongoing wage gap and a difference in spending patterns. “Because ...

The first Great Conundrum was in the early 2000s after the 2001 – 2002 50% bear market in the S&P 500 and the start of Gulf ...