either the degree of local competition or productive variety impact on subsequent productivity growth. Employment …

the dynamics of labor productivity (value added per worker, a synthetic measure of capital deepening, labor quality and … total factor productivity) and of employment. We find that the ongoing slowdown in EMEs is largely structural, but there is …-sector productivity improvements. The scope for further reform and reform priorities differs across countries. In the longer run other …

In the past decade changes in oil prices have played a significant role in shaping inflation dynamics in the US and in …

Price versus productivity indexing is considered in a model of monetary policy with wage bargaining. The wage …

The empirical literature on the transmission of monetary policy to inflation in Italy has stressed the importance of … the exchange rate and, to some extent, of the demand channel; recently, the roles of inflation expectations and the fiscal … situation have been emphasized. This paper uses vector auto-regression to address this issue. The results suggest that inflation …

The paper analyzes the short-run impact of periods of strong monetary growth on inflation dynamics for 15 …

level, after controlling for inflation expectations, and whether it is concentrated among those firms that are more exposed …

promptly identifying turning points in inflation. The focus of this paper is the so-called "cost-of-living" index, the most …In the case of the consumer price index the importance of a seasonally adjusted measure lies in the possibility of … used measure of Italian inflation. Our aim is to identify and test a model of its seasonal component, which is important in …

This study investigates inflation perceptions in both qualitative and quantitative terms and their relationship with … Italian consumers carried out at the end of 2006. The results show that reported inflation is, on average, much higher than … measured by official statistics. Inflation perceptions are higher for women, the unemployed and less educated individuals, as …