The ECB is discussing how to raise its inflation target slightly to 2 %, just as the US Federal Reserve is raising it … slightly and aiming to achieve it over several years on average. In reality, however, the inflation rate is well below 2 … % despite the very relaxed monetary policy. Will the measures against the corona crisis increase the inflation rate? This did …

The paper analyses the reasons for Japan's persistently low inflation since the bursting of the Japanese bubble economy … (low inflation conundrum). It is shown that Japan experienced a structural break from a high-growth period with relatively … high inflation to a low-growth period with exceptionally low inflation since the early 1990s. We show based on a stylized …

estate, as well as the costs of public goods to develop alternative inflation measures in Germany since the introduction of … the euro. Real economic growth as well as median wage developments are reexamined in light of the alternative inflation …