inflation. The declining prices cannot, however, be explained by lack of demand or any generalized deflationary tendencies …. This was a period of very low inflation. The rate of growth in the aggregate price level was occasionally very close to … zero. The paper shows that declining nominal prices were a rather common phenomenon during this period of low or no …

A monetary inflation model is augmented to include import prices and wages in a theoretically plausible manner …

limited impact on prices in the first year while, in contrast, changes in indirect taxes and employers’ social security …This paper reviews the existing empirical evidence on the short-term impact on prices of fiscal variables and assesses … Commission and the OECD models. Overall, a broad consensus appears on the impact on prices of changes in individual government …

poor. Furthermore, if minimum wage increases are passed on to consumer prices causing inflation, they might again hurt the …. Robust results indicate that minimum wage increases raise overall prices in Brazil. The resulting inflation is the same for …There is very little evidence on the effects of the minimum wage on prices in the international literature and none …

large and frequent but also the minimum wage has been used as anti-inflation policy in addition to its social role. This …

only are increases in the minimum wage large and frequent but also the minimum wage has been used as anti-inflation policy …