We analyse the incidence of endogenous entry and firm TFP-heterogeneity on the response of aggregate inflation to … distribution of firms in Spain. We then compare the inflation response to technology, interest rate and entry cost shocks, among … others. We find that structures in which large (more productive) firms predominate tend to deliver more muted inflation …

causality of the oil price by US inflation as is consistent with the theory. …

The main contribution of this paper is to jointly estimate the effects of financial development and inflation on growth …. We aim to exploit both the cross-section and the time-series dimension of the data on inflation, growth and some banking …, that the long-run costs of inflation are not explained by policies of financial repression, and second, that if inflation …

as a tool to compare the characteristics of European inflation dynamics with those observed in the U.S. We also analyse … the factors underlying inflation inertia by examining the cyclical behavior of marginal costs, as well as that of its two …

Inflation has fallen dramatically in countries like Spain and Italy over the last decade, but the rate of increase in … productivity trends for the consistency of the Maastricht convergence criteria an for the differences in nation inflation rates …

and its implications for US output, hours and inflation. Second we evaluate the extent to which that responses can be …

This paper looks at the long term output effect of those monetary policies aimed at reducing inflation from its peak by …. Alternatively to the cross-country regression analysis we estimate a structural VAR model in output, inflation and unemployment. …

This paper develops and estimates a game-theoretical model of inflation targeting where the central banker …

This paper studies the joint behaviour of inflation and unemployment in Spain over the period 1964-1995. We analyze the … implications both of full hysteresis in unemployment and high inflation persistence for inference regarding dynamic Phillips trade …