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After almost four decades of price stability, inflation has recently approached historical highs. Initially driven by … global energy and food price increases, the magnitude of the surge in inflation caught central banks and markets by surprise … monetary policy tightening, inflation upside risks are large. How can central banks restore control - and with it their own …
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government bond markets. This will continue to make the eurozone a fragile construction. As a result, the possibility of a future …
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This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021. It finds that the COVID-19 crisis temporarily slowed convergence but the estimated negative impact is significantly smaller than during the global financial crisis. Diverging...
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In these highly uncertain times, flexibility has value.
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To gauge the breadth of current inflation and prospects for inflation returning to target, we consider disaggregated …
Persistent link: https://www.econbiz.de/10013343176
The key to understanding the series of supply shocks that have hit inflation is the nature of the COVID-19 recession. …
Persistent link: https://www.econbiz.de/10013343177