interventions? One way is to use survey-based welfare indicators such as the OECD Better Life Index. It invites people to weight a …

models suggest that a shortfall in productivity-enhancing investments temporarily slows technological progress, creating a …-level exposure to the 2008-9 financial crisis, I show that tight credit reduced investments in productivity-enhancement, and has … 12% higher today if productivity-enhancing investments had grown at pre-crisis rates. …

We study how domestic and global output gaps affect CPI inflation. We use a New-Keynesian Phillips curve framework …1-2017Q4 period. We find broadly that both global and domestic output gaps are significant drivers of inflation both in … output gaps on inflation. …

countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity … productivity are the main channels through which trade openness affects inflation. -- trade openness ; inflation ; market structure …This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD …

We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every … country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006 …) and updated in Dreher et al. (2008). This second revision of the index distinguishes between de facto and de jure measures …