In 2021-22, inflation in Europe soared to multidecade highs, consistently exceeding policymakers' forecasts and … surprising with its wide cross-country dispersion. This paper analyzes the key drivers of the inflation surge in Europe and its … prices, and, consequently, to larger increases in inflation rates. Across Europe, inflation also appears to have become …

The pass-through effects of oil price shocks on wage and consumer price inflation vary with the states or structural … characteristics of an economy. The effects have declined over time in Europe and been higher in emerging European economies than in … advanced economies. The pass-through to wages is found to have been higher when the prevailing level of inflation was higher or …

money in forecasting euro-area inflation. We compare the predictive performance within and among various classes of … contains relevant information for inflation in some model classes. Money-based New Keynesian DSGE models and VARs incorporating …

Intro -- Contents -- I. INTRODUCTION -- II. TAXONOMY OF UNDERLYING INFLATION INDICATORS -- III. FEATURES OF THE …

-level data for central and eastern Europe and controlling for the feedback effect of credit growth on bank soundness. No evidence …