policy, and inflation control is subordinate. This article notes that the same is true of macroprudential policy, and it … characterizes the size and sign of its fiscal footprint, as well as the states of the world in which the temptation for fiscal goals …

fiscal stance and inflation using crosscountry data from 1965 to 1999. In a first step, we contrast the monetary … that the low-frequency relationship between the fiscal stance and inflation is low during periods of an independent central … illustrate the mechanisms through which fiscal actions affect inflation in the long run. The findings from the DSGE model suggest …

We tackle two questions in this paper: In the sovereign debt crisis, what moves the euro area inflation outlook and has … the firm anchoring of medium to long-term inflation expectations been touched? Deriving densities from a new data set on … options on the euro area harmonized index of consumer prices provides us with the full distribution of inflation expectations …

the world. By tightening financial conditions globally, these shocks affect the left tail of the conditional output growth …