:3-2006:2, following the methodology proposed by Gali and Gertler (1999). They claim that a potential source of inflation may be the … of the productivity gains on inflation, which the ad hoc measure output gap misses. We also estimate a hybrid version of …

technological unemployment reawakens. Frey and Osborne (2013) estimate that half of US employment will be automated by algorithms …

This paper studies the redistributive and revenue effects of bracket creep in Germany under various inflation scenarios … effect of the tax system with respect to the inflation rate, which contrasts Immervoll (2005) who finds that the fiscal drag … indexing the tax schedule in Germany. The rich tax required for fully financing the indexation can be sizable. Under our …