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Recent empirical studies on the inflation-growth-relationship underline that inflation has negative growth effects already under relatively modest rates. Most contributions to monetary growth theory, however, have difficulties in explaining such a pattern. It is shown in this paper that this...
Persistent link: https://www.econbiz.de/10009635886
In Lisbon the European Council proclaimed a European growth strategy. It considers an average economic u0093growth rate of around 3 percent as a realistic prospect for the coming yearsu0094 and assigns public finances an important role in the process of achieving this goal. This paper addresses...
Persistent link: https://www.econbiz.de/10009635955
elastic demand such as service industries. Thus, the paper suggests that differences in the regulations of product markets …
Persistent link: https://www.econbiz.de/10009639850
research and findings from FRA missions to Italy. The advice provided therein is conceived in a manner as to be valid for the …
Persistent link: https://www.econbiz.de/10011977226
across a broad array of markets as well as adapted to specific markets. An operational guidance document was developed to … countries and markets. Consumer surveys constitute the main data collection tool. The methodology was applied in six markets … loans, credit and credit cards) and four countries (France, Italy, Poland and the UK). Results were extrapolated to the EU28 …
Persistent link: https://www.econbiz.de/10011998851
The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a ….1 percent quarterly on average at most to a 1 percentage change in the expenditure or revenue ratio). In Italy, the US and …
Persistent link: https://www.econbiz.de/10009635887
This study examines price setting behaviour of Italian firms on the basis of the results of a survey conducted by Banca du0092Italia in early 2003 on a sample of around 350 firms belonging to all economic sectors. Prices are mostly fixed following standard mark-up rules, although...
Persistent link: https://www.econbiz.de/10009636703
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