changeover, Italian retailers have increased the number of price adjustments, which has translated into a higher inflation rate …By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro …

the (required) adjustment of real wages, and in the opposite direction of the price response. During the "Great Inflation … linked to the monetary policy regime. Before and after the "Great Inflation", nominal wages moved in the same direction as …", technology shocks in contrast triggered wage-price spirals, moving nominal wages and prices in the same direction at longer …

international shock that drives national inflation uncertainty and which is closely related to oil and commodity price uncertainty …We investigate the international linkages of inflation uncertainty in the G7. In a first step, we document that … inflation uncertainty in the G7 is intertwined. Moreover, the degree of synchronization has increased during the recent two …

compares price inflation before the crisis with the necessary and actual price cuts that have taken place since the outbreak of … the crisis, predicting a decade of stagnation for the south and inflation for the north. Keynesian demand policy is …

This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD … countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity … of market competition. This study shows that inflation decreases with greater market competitiveness even after …

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 …

This paper evaluates whether macroeconomic uncertainty changes the impact of oil shocks on the oil price. Using a … structural threshold VAR model, we endogenously identify different regimes of uncertainty in which we estimate the effects of oil … production volatility, significantly increases the responsiveness of oil prices to oil shocks. This implies a lower price …

We analyze the impact of price stability-oriented monetary strategies (inflation targeting — IT — and constraining … exchange rate arrangements) on inflation persistence using a time-varying coefficients framework in a panel of 68 countries … (1993–2013). We show that explicit IT has a stronger effect on taming inflation persistence than implicit IT and is …

This paper examines the degree of persistence in UK inflation by applying long-memory methods to historical data that … evolution over time. On the whole, the evidence suggests that the degree of persistence of UK inflation has been relatively …-Bretton Woods changes in UK inflation are attributable to a fall in the volatility of permanent shocks …

, in turn, the effect of RMB-induced US import price fluctuations on US producer prices is established. In a panel spanning … import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …