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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 …
Persistent link: https://www.econbiz.de/10012291889
Persistent link: https://www.econbiz.de/10014480949
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 …
Persistent link: https://www.econbiz.de/10014081262
Persistent link: https://www.econbiz.de/10012547751
gefühlte Inflation im Euroraum bei 4,5 %, während die offiziell gemessene Inflationsrate 1 % betrug. Das könnte daran liegen … the officially measured inflation rates. For example, according to survey results, perceived inflation in the first … quarter of 2021 in the euro area was 4.5 %, while the officially measured inflation rate was 1 %. This could be due to the …
Persistent link: https://www.econbiz.de/10012660848
. Der Harmonisierte Verbraucherpreisindex (HVPI) von Eurostat, auf den die EZB ihre Geldpolitik ausrichtet, berücksichtigt … officially measured inflation rates and highlights the weaknesses of the ECB’s envisioned approach. …
Persistent link: https://www.econbiz.de/10013343542
stability. To contain domestic inflation these central banks absorb rather then provide liquidity in their regular monetary … policy operations. Based on an augmented Barro-Gordon framework we show that inflation targeting within an environment of … implementing sterilization costs into the central bank's objective function the inflation bias increases. -- inflation targeting …
Persistent link: https://www.econbiz.de/10003994520
stability. To contain domestic inflation these central banks absorb rather then provide liquidity in their regular monetary … policy operations. Based on an augmented Barro-Gordon framework we show that inflation targeting within an environment of … implementing sterilization costs into the central bank's objective function the inflation bias increases …
Persistent link: https://www.econbiz.de/10013094452
Persistent link: https://www.econbiz.de/10011981467
Persistent link: https://www.econbiz.de/10011994461