inflation persistence. The closer to zero is this parameter, (i ) the more firms adjust on the intensive margin, reducing … power in the hours negotiation, we produce realistic labor market statistics together with inflation persistence. …

Le 5ème symposium international de la Banque de France a porté sur les effets de la globalisation sur l’inflation et …

on the inflation process. …

-term inflation objectives. In the long term, monetary policy is most effective in achieving its objectives when the inflation target … is changed in response to the new economy and when the monetary authority attempts to stabilize both inflation and output … for in changing the assessment of the potential growth rate and the inflation target. …

unemployment rate has increased and economic activity has been sluggish. Changes in the implicit inflation target, viewed as low … frequency movements of inflation, might possibly explain these developments. To highlight this issue, the present study … estimates the dynamics of the implicit inflation target in the euro zone over the period 1970Q1-2004Q4. Based on a small …

La mondialisation a contribué au ralentissement de l’inflation via une intensification de la concurrence. Mais la …

La mondialisation de l’économie s’est accompagnée sur les vingt dernières années d’une baisse généralisée de l’inflation …. Cet article décrit les possibles canaux de transmission de la mondialisation à l’inflation et propose une estimation … empirique de l’impact agrégé des prix d’importations sur l’inflation. …

While the relationship between inflation and relative price variability (RPV) has been widely investigated in developed … differently to different inflation regimes across the ECOWAS region, determining the inflation threshold that would minimize the … distortionary impact of expected inflation on RPV in the region. Using the Panel Smooth Transition Regression (PSTR) model over the …