This paper investigates the persistence of aggregate wages and prices in Portugal assuming a model of a unionized … system. Real wages and wage inflation emerge as especially persistent following an import price shock, while price inflation … wages is attributable mainly to unemployment shocks (about 80 percent), whereas variation in the forecast errors of prices …

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 …

prices of most consumer goods. They are the main interface between producers of consumer goods and consumers, with around … substantial, as this accounts for, on average, about 25% of consumer prices. The purpose of this report is to analyse the … structural features of the distributive trades sector and the developments within it, as well as how these may influence prices …

prices of most consumer goods. They are the main interface between producers of consumer goods and consumers, with around … substantial, as this accounts for, on average, about 25% of consumer prices. The purpose of this report is to analyse the … structural features of the distributive trades sector and the developments within it, as well as how these may influence prices …

-term interest rates to the Bank of England’s inflation report andto macroeconomic announcements. Due to the quarterly frequency at …, the more timehas elapsed since the latest release of an inflation report, market volatility shouldincrease, the price …