In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …

levels and higher inflation over a transition period. Using comparative price levels for 41 product categories price … inflation. The findings have important implications, as price convergence facilitates the working of common economic policies. …

This paper estimates a time-varying AR-GARCH model of inflation producing measures of inflation uncertainty for the … policy regime change associated with the start of EMU in 1999. The main findings are as follows. Steady-state inflation and … inflation uncertainty have declined steadily since the inception of EMU, whilst short-run uncertainty has increased, mainly …

The paper explores dynamics of inflation in Ukraine in the period of relative macroeconomic stability. The analysis of … interrelationship between inflation, money growth, wage growth, and a proxy for devaluation expectations is based on impulse responses … the most important factor driving price development, while money supply growth has negligible impact on inflation. In …

inflation convergence using different approaches, namely panel unit root tests, co-integration tests and error-correction models …

Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2004) and cluster procedures (Hobijn and Franses …

changeover, Italian retailers have increased the number of price adjustments, which has translated into a higher inflation rate …