the level of policy interest rates, changes in output and inflation. We find that the FCI tracks successfully both … output, inflation, the monetary policy rate, bank loans and bank lending spreads. The credit supply shock extracted with sign …

(indexation, changes in statutory minimum wage, age and marital status). The so adjusted frequency of wage change lies between 5 … from month to month and from year to year. Due to automatic wage indexation, wages appear to be subject to substantial … wage indexation and the month of January. …

some form of indexation mechanism which affects wages. Cluster analysis identifies three country groupings of wage …

importance of wage bargaining above the firm level, the automatic system of index-linking wages to past inflation, the limited …

: i) changes to wages are more synchronized than changes to prices; ii) most wages are defined using inflation as a …

In this paper we explore the link between the intensity of product market competition and inflation rates across EU … countries and sectors. We consider long-term averages of inflation rates in order to remove the cyclical behavior of inflation … product market competition, as proxied by the level of mark-up in particular, is an important driver of inflation …

setting behaviour of Portuguese firms. Inflation, the level of economic activity and the magnitude of the last price change …

This paper shows that inflation in industrialized countries is largely a global phenomenon. First, inflations of (22 … associated to Global Inflation is not only due to the trend components of inflation (up from 1960 to 1980 and down thereafter …) but also to fluctuations at business cycle frequencies. Second, Global Inflation is, consistently with standard models of …