Inflation: Drivers and Dynamics

CO-DIRECTORS: ROB RICH, FEDERAL RESERVE BANK OF CLEVELAND AND RAPHAEL SCHOENLE, FEDERAL RESERVE BANK OF CLEVELAND/BRANDEIS UNIVERSITY

The „Inflation: Drivers and Dynamics“ (IDD) Program brings together researchers with interests in inflation and its underlying determinants. The goal of the program is to draw upon the expertise of academics and policymakers to improve our understanding of the  inflationary process, its welfare consequences and business cycle properties, and statistical methods that offer greater forecast accuracy.  A current focus of the program lies in the analysis of surveys to inform micro-founded models of consumer and firm behavior which are related to inflation, such as the formation of inflation expectations and the roles that inflation expectations play in the monetary transmission process.

The Center for Inflation Research at the Federal Reserve Bank of Cleveland is the official sponsor of the Inflation: Drivers & Dynamics research program.

The program is led by its Co-Directors Rob Rich and Raphael Schoenle (Term 2020-2024) and an Advisory Committee of leading central bank and academic researchers. The current members of the Advisory Committee are as follows:

The annual Inflation: Drivers and Dynamics 2020 conference, co-sponsored by the Center for Inflation Research and the European Central Bank, took place on May 21–22, 2020. The conference was held virtually. Please use this link to get to the conference webpage and the recorded sessions.

Scientific Committee:
Peter Karadi, Ed Knotek, Christiane Nickel, Chiara Osbat, Robert Rich, Raphael Schoenle