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interpreted, first and foremost, as a commitment device. In our setting, a monetary target helps anchoring inflation and inflation … well as a strong response to deviations of inflation from target and to the activity growth gap. In contrast, the response …
Persistent link: https://www.econbiz.de/10010303730
interpreted, first and foremost, as a commitment device. In our setting, a monetary target helps anchoring inflation and inflation … well as a strong response to deviations of inflation from target and to the activity growth gap. In contrast, the response …
Persistent link: https://www.econbiz.de/10011605066
Concerns about inflation are increasingly becoming a topic of public debate again. After an extended period of low … inflation, inflation rates have now risen again, partly due to special effects occurring at the same time. This raises questions … empirical basis for this study. The calculated individualized price indices and inflation rates show that poorer households face …
Persistent link: https://www.econbiz.de/10012745035
gemessener und wahrgenommener Inflation führen. Weiterhin wird untersucht, welche Personengruppen sich besonders von steigenden …In Europe and the U. S., official inflation rates reached a level of around 7 %-8 % in mid-2022. Based on survey data … for Germany, we show that there is a rising gap between the objective (administrative) inflation rate and the (subjective …
Persistent link: https://www.econbiz.de/10013468376
Concerns about inflation are increasingly becoming a topic of public debate again. After an extended period of low … inflation, inflation rates have now risen again, partly due to special effects occurring at the same time. This raises questions … empirical basis for this study. The calculated individualized price indices and inflation rates show that poorer households face …
Persistent link: https://www.econbiz.de/10012696067
We study how within-store price variation changes with inflation, and whether households exploit it to attenuate the … inflation burden. We use micro price data for food products sold by 91 large multi-channel retailers in ten countries between … discounts grew at a much lower average rate than regular prices, helping to mitigate the inflation burden. By contrast …
Persistent link: https://www.econbiz.de/10014576655
The COVID-19 pandemic altered consumption patterns significantly in a short period of time. However, official inflation … Germany, we document how consumption patterns changed and we quantify the resulting inflation bias. We find that consumers … experienced a higher level of inflation at the beginning of the pandemic than what a fixed-weight inflation (or the official …
Persistent link: https://www.econbiz.de/10014238519
gemessener und wahrgenommener Inflation führen. Weiterhin wird untersucht, welche Personengruppen sich besonders von steigenden …In Europe and the U. S., official inflation rates reached a level of around 7 %-8 % in mid-2022. Based on survey data … for Germany, we show that there is a rising gap between the objective (administrative) inflation rate and the (subjective …
Persistent link: https://www.econbiz.de/10013415733
countryspecific measures, particularly since the start of EMU, and is useful to predict country-specific inflation. However, it … generally does not encompass country-specific money overhang measures as predictors of inflation. Hence, aggregate money …
Persistent link: https://www.econbiz.de/10010263515
-specific measures,particularly since the start of EMU, and is useful to predict country-specific inflation.However, it generally does … not encompass country-specific money overhang measuresas predictors of inflation. Hence, aggregate money overhang is an …
Persistent link: https://www.econbiz.de/10010312123