Showing 1 - 10 of 17
Inflation expectations constitute a subject of particular contemporary interest to central banks, especially those … pursuing a monetary policy based on a strategy of direct inflation targeting. Macroeconomic theory indicates that the … to properties of inflation expectations. Qualitative data on inflation expectations, as obtained from surveys, can be …
Persistent link: https://www.econbiz.de/10009635882
Persistent link: https://www.econbiz.de/10009637069
Tarifverhandlungssysteme dargestellt und erörtert sowie die Verbindung zwischen Lohn- und Produktivitätsentwicklungen (in Bezug auf nominale …
Persistent link: https://www.econbiz.de/10010352923
The issue of wages has attracted particular attention at European level since the onset of the economic crisis. Changes in economic governance, notably within the European semester, have prompted discussions on wage‑setting mechanisms. While, overall, wage‑bargaining regimes have remained...
Persistent link: https://www.econbiz.de/10010352924
National wage-bargaining institutions are crucial in achieving pay outcomes that help to increase employment and economic growth within the context of avoiding macroeconomic imbalances within the European Monetary Union. Using a large set of empirical macroeconomic data from a variety of...
Persistent link: https://www.econbiz.de/10011335318
Published on International Women's Day 2013, this survey presents the views of European citizens on gender equality and the empowerment of women in developing countries. It also tests how people believe to what extent certain problems affect men and women in these countries.
Persistent link: https://www.econbiz.de/10011799362
Recent empirical studies on the inflation-growth-relationship underline that inflation has negative growth effects … influence of inflation on factor substitution. It turns out that already in a simple neoclassical monetary growth model this … potential positive effects of inflation along the convergence path. In a more general perspective the paper contributes to a …
Persistent link: https://www.econbiz.de/10009635886
Monitoring and forecasting price developments in the euro area is essential in the light of the second pillar of the ECBu0092s monetary policy strategy. This study analyses whether the forecasting accuracy of forecasting aggregate euro area inflation can be improved by aggregating forecasts of...
Persistent link: https://www.econbiz.de/10009635954
By placing store-level price data into bivariate Structural VAR models of inflation and relative price asymmetry, this … forecast error variance in inflation at the 12-month horizon. While the contemporaneous correlation between inflation and … relative price asymmetry is positive, idiosyncratic shocks lead to a substantial build-up in inflation only after two to five …
Persistent link: https://www.econbiz.de/10009636524
In order to explain the joint fluctuations of output, inflation and the labor market, this paper first develops a … helps to explain the sluggishness of inflation and the persistence of output after a monetary policy shock. The ability of … the model to account for the joint dynamics of output and inflation rely on its ability to explain the dynamics in the …
Persistent link: https://www.econbiz.de/10009636527