This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …

This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …

laufenden Jahr fällt das Minus mit 0,3 Prozent etwas niedriger aus als im Herbst erwartet (-0,5 Prozent). Die Inflation ist … inflation in the last years. As inflation is falling noticeably, real disposable income will rise again this year for the first …

structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely ?good luck?. …

model of inflation determination estimated on the Czech data.We characterize the estimated components of CPI, WPI and import …

I present empirical results on the contribution of three key drivers of inflation in Denmark: an inflation trend … anchored by inflation expectations; the Danish business cycle; and an energy price cycle. All three drivers contribute … significantly to the development of inflation and explain most of the variation in the last 40 years. The results are based on a …

aggregate inflation and the higher-order moments of the distribution of relative price changes. Our empirical findings confirm … explanatory variable for the inflation rate. Further, the skewness measure also helps to explain shifts in the Phillips curve …

Bundesrepublik Deutschland empirisch bestimmt. Die Verbrauchsausgaben erweisen sich als konjunkturstabilisierende Kraft, während die … employment is analyzed by a reinterpretation of the Phillips curve. It is shown that the inverse link between the inflation rate …

output and inflation across a population of firms is studied. The only form of heterogeneity is confined to the probability … of output and inflation depend crucially on the proportion of firms that are allowed to change their prices. We test this …-cyclical correlation between the skewness of inflation and aggregates, but the relation with output is less sure. Our results can be …