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Concept

Chronic inflation

Publications associées (5)

Job turnover, expectations, and the Phillips Curve

Charles Cosme Henri Dennery

Job turnover makes a wage Phillips Curve less forward-looking, with a smaller coefficient for inflation expectations. Workers discount future wage income with a low discount factor if there is a strong flow of job turnover; this implies that future inflati ...

2019

Austerity in the Aftermath of the Great Recession

Cross-country differences in austerity, defined as government purchases below forecast, account for 75 percent of the observed cross-sectional variation in GDP in advanced economies during 2010-2014. Statistically, austerity is associated with lower GDP, l ...

2020

Living beyond the edge: Higgs inflation and vacuum metastability

Mikhail Chapochnikov, Javier Rubio

The measurements of the Higgs mass and top Yukawa coupling indicate that we live in a very special universe, at the edge of the absolute stability of the electroweak vacuum. If fully stable, the Standard Model (SM) can be extended all the way up to the inf ...

American Physical Society2015

Topological inflation from the Starobinsky model in supergravity

We consider the ghost-free higher-order corrections to the Starobinsky model in the old-minimal supergravity, focusing on a sector among several scalar fields in the model that reproduces the scalaron potential in the original Starobinsky model. In general ...

American Physical Society2014

Constraints on modular inflation in supergravity and string theory

Claudio Scrucca

We perform a general algebraic analysis on the possibility of realising slow-roll inflation in the moduli sector of string models. This problem turns out to be very closely related to the characterisation of models admitting metastable vacua with non-negat ...

Springer Nature2008