No. 55-8, December 2023

Index

• A Theory of Intrinsic Inflation Persistence
• Debt Overhang and Lack of Lender's Commitment
• Disagreement in Consumer Inflation Expectations
• Does Real‐Time Macroeconomic Information Help to Predict Interest Rates?
• Does the Exchange Rate Respond to Monetary Policy in Mexico? Solving an Exchange Rate Puzzle in Emerging Markets
• Endogenous Growth, Skill Obsolescence, and Output Hysteresis in a New Keynesian Model with Unemployment
• How Does Monetary Policy Affect Welfare? Some New Estimates Using Data on Life Evaluation and Emotional Well‐Being
• Issue Information
• Issue Information
• News Shocks, Business Cycles, and the Disinflation Puzzle
• Superkurtosis