-specific labour imply a sufficient degree of real rigidity, and so can reproduce inflation dynamics well. However, they imply too … little real rigidity and, so, too volatile inflation, owing to strong responses of marginal wages and hours per employee … the responses of wages, inflation and employment …

, supply-side shocks (related to energy, food and bottlenecks) have played a major role in recent inflation developments in the … as a determinant of inflation, with an effect that could be more persistent in the future. ; El reciente episodio …

, supply-side shocks (related to energy, food and bottlenecks) have played a major role in recent inflation developments in the … as a determinant of wage inflation, with a pass-through to prices that has been limited so far but that, if it …

Arbeitsmarkt und Prinzipal-Agent-Problemen aufgrund von asymmetrischen Informationen zwischen Firmen und Arbeitnehmern. Das …

Using a sample of 1154 European firms from 11 countries, we show that firm-levelexchange exposure for Eurozone and non-Eurozone … European firms has increased sincethe introduction of the euro, but this rise was smaller for Eurozone than non … Eurozone countries, so the advent of the euroappears to have been associated with a shift in exchange risk from systematic to …

the Euro-zone. Moreover, the EMU creates conditions for economic and monetary stability all over Europe which allows for … activity of the Bank of Lithuania during the process of integration into the EU. The viability of the inflation rate maintained …

exchange rate movements do not have an impact on inflation, as aggregate rules of thumb mask substantial heterogeneities across … counteract deviations of inflation from target, including those relating to exchange rate fluctuations. Moreover, under the … forecasting inflation. …