pre-pandemic average price volatilities and the price shocks in the COVID-19 and Ukraine war inflation yield an almost … have become frequent and inflation has returned. This raises the question how sector-specific shocks are related to overall … price stability. This paper simulates price shocks in an input-output model to identify sectors which present systemic …

We try to examine the potential of input-output price model to identify mechanisms of price formation and transmission …. In the presented study, the historical values of the commonly used consumer price index were decomposed according to the … classic input-output price model for an open economy. A sequence of ex post simulations under various assumptions was used to …

we know about the price-setting behavior of firms, income distribution, and inflation. We do that in juxtaposition to two …The post-pandemic surge in inflation was accompanied by a surge in the corporate share of profits. As a result, several … economists and policy makers have given to it names such as "profit-led inflation" or "sellers' inflation." The present paper …

a consequence, to forecast inflation. The study is a continuation of previous simulation experiments performed on a …

delivered for private consumption. A temporary drop in the level of underlying inflation, e.g. around the second oil-price shock …The paper analyses the development in inflation in Denmark during the last century. New annual input-output based time …-series data for the underlying domestic inflation in Denmark 1903-2002 is constructed by stripping the development in the private …

compares price inflation before the crisis with the necessary and actual price cuts that have taken place since the outbreak of … the crisis, predicting a decade of stagnation for the south and inflation for the north. Keynesian demand policy is …

. Deflation subsided by 2005. As soon as inflation appeared to stabilize near a rate of zero, the Bank of Japan rapidly reduced …

inflation, particularly in the 1970s, and the choice of an exchange rate regime consistent with domestic monetary and fiscal … reminiscent of the global inflation generated by the weak dollar in the 1970s. …

. After deriving the restrictions that the Barro and Gordon model imposes on a time series model for inflation and output, we … show that the time inconsistency problem can explain both the short-run and the long-run behaviour of inflation and output … stability than price stability in the last decade. …

This paper examines the relationship between cyclical output and inflation in models commonly used for monetary policy … finding is that these models imply a strong negative relationship between inflation and output, a result that is at odds with …