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 …

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 … in an all-out horserace. -- Information content of money ; inflation forecasting ; New Keynesian model ; DSGE model ; P …

actually be welfare-reducing if the trade union has an exogenous preference against inflation. We reframe this discussion in a …

actually be welfare reducing if the trade union has an exogenously given preference against inflation. We reframe this …

actually be welfare reducing if the trade union has an exogenously given preference against inflation. We reframe this …

actually be welfare reducing if the trade union has an exogenously given preference against inflation. We reframe this …

interaction between trade union behavior and monetary policy, it has been argued that if 'trade unions' are averse to inflation …

actually be welfare reducing if the trade union has an exogenously given preference against inflation. We reframe this …

-causes inflation in the euro area. Based on data from 1970 to 2006 and forecasting horizons of up to 12 quarters, there is surprisingly … power of money growth for inflation is substantially lower in more recent sample periods compared to the 1970s and 1980s …. This cautions against using money-based inflation models anchored in very long samples for policy advice. …

-shaped relation between the membership size of MPCs and inflation; our results suggest that the lowest level of inflation is reached … at MPCs with about seven to ten members. Similar results are obtained for other measures, such as inflation variability …