Showing 1 - 5 of 5
: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 …
Persistent link: https://www.econbiz.de/10011495882
EA as a whole decreases with unexpected inflation, although in some countries (Austria, Germany and Malta) inequality …, and Belgium and Malta being the largest losers. Governments are net winners of inflation, while the household (HH) sector … is a net loser. HHs in Belgium, Ireland, Malta and Germany incur the biggest per capita losses, while HHs in Finland and …
Persistent link: https://www.econbiz.de/10010378324
In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …
Persistent link: https://www.econbiz.de/10010312036
This paper explores the Economic Theory of Inflation, meticulously progressing from fundamental concepts to intricate …. Key findings elucidate the multifaceted nature of inflation, considering Demand-Pull, Cost-Push, and Phillips Curve … inflation dynamics and expectations. The paper culminates by addressing the imperative of effective economic management …
Persistent link: https://www.econbiz.de/10014447589
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 …
Persistent link: https://www.econbiz.de/10010378325