the energy crisis but in the USA also the potential impact of the Inflation Reduction Act. Global gas demand is projected …

This paper reviews the post-Keynesian theory of inflation against the background of the simultaneous rise in inflation … discussed. The paper applies the latter to elucidate recent inflation trends propelled by increasing imported energy prices and … then rising mark-ups. The effects of inflation-targeting central bank interest policies versus a post-Keynesian alternative …

modeling framework to study the conditions under which these policies can curb inflation. We first consider a closed economy … model to show that a consumer subsidy may be counterproductive, especially as an inflation-fighting tool, when applied … energy subsidies to reduce core inflation and stimulate demand if introduced by a small group of countries which collectively …

increase in energy prices. This led to consumer price inflation in the euro area far beyond the ECB's inflation target of two … the ECB facing conflicting objectives of stabilizing the economy and combating inflation. Estimates show that while the … would have stabilized inflation more effectively. Tightening monetary policy would have curbed energy demand and caused the …

this policy strategy could have largely prevented the post-pandemic inflation episode. …