at first-time homeownership using the French Housing Survey. We use a pseudo-panel approach that takes into account the … before first-time homeownership, and take into account unobserved heterogeneity. Our results indicate that a spell in public … housing increases the hazard to homeownership, supporting the idea that, in France, the public housing policy provides an …

production, prise en compte de l'inflation pour assumer les risques monétaires, création du plan comptable pour réguler l …

This paper o¤ers to investigate both the Friedman's and Mishkin's hypotheses on the consequences of inflation on output … countries, we distinguish between short-medium and long run and between headline and core inflation. We get two main results …. First, nominal uncertainty and inflation are positively linked. Second, headline inflation negatively Granger causes out …

Book review: Liêm Hoang-Ngoc "Le fabuleux destin de la courbe de Phillips. Les théories de l'inflation et du chômage …

This article identifies a new channel through which inflation affects the real economy. In a simple monetary model …. Because of this heterogeneity, long run inflation affects the real interest rate and real variables, even when there are no …. For realistic utility functions, inflation is found to raise the capital stock, but to decrease welfare. …

measuring inflation questionable and give an erroneous image of the reality. In this paper, we use the virtual price approach … (Neary, Roberts, 1980) to estimate the real inflation level in a centrally planned economy (CPE) with administrated prices …. In the first part of the paper, we discuss various methods used in CPE's to evaluate the real level of inflation by the …

This article investigates whether the formation of individual inflation expectations is biased towards a consensus and … individual level inflation expectations is proposed using a Markov chain Monte Carlo Hierarchical Bayesian estimation method …. This method is applied to micro survey data about inflation expectations of households from the monthly French household …