equilibrium to achieve a simple, linear model, that only depends on inflation, the output gap, and the interest rate, in the case … inflation dynamics is crucial. Because of the controversial debate on the importance of expectations, the consequences of … central banks should react stronger to changes in inflation and output under uncertainty. Furthermore, it is shown that …

Inflation sinkt.Das Anliegen des zweiten Beitrags, Abwärtsnominal- und Tariflohnstarrheit in Deutschland, ist, sowohl nach unten … international auf Grundlage des European Community Household Panel (1994–2001). Die Nutzung von vergleichbaren Daten sowie einer … implications of the downward nominal wage rigidity—under a constant degree of rigidity—increase for lower inflation rates. For …

-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is … devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …

explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …

The impact of FDI on total factor productivity in Hungary during the 1990s' is assessed with a large enterprise panel …

presentes en esta ola son el sobremuestreo de los hogares ricos y el componente panel de la muestra. ; The Spanish Survey of … wealthy households and the panel component of the sample. …