several macroeconomic factors, we find evidence in favour of this hypothesis. When some indexes of corporatism are used to … allow for the degree of social agreement on income distribution and its determination, the relationship between inflation … to which society formally endows the central bank with independence in order to safeguard a key principle of democracy …

-shaped relationship between union density and inflation, and a negative relationship between union concentration and inflation. These …

adequate attention in existing studies; second, in addition to standard regressions, we use Markov-Chain Monte-Carlo estimation …-1989, 1991-1998 and 1999-2006, our estimates suggest that lower inflation should be seen as resulting from a broad range of …

, as headline inflation dropped inside the targeted band of 3% ± 1 percentage point recently. …

employs bivariate cointegration methodology to examine the long-term relationship between inflation index and the different …