anhaltenden Inflation sind die Lohnforderungen der Gewerkschaften zuletzt stetig angestiegen. Vielfach wird ein Mindestbetrag … gefordert, um kleinere Einkommen, die unter der Inflation am meisten leiden, überdurchschnittlich anzuheben. Die hohen … Forderungen belasten die Tarifverhandlungen, da auch viele Unternehmen mit den Folgen der Inflation kämpfen und von ihren …

This paper analyzes how inflation-induced erosions of nominally defined amounts built into relevant tax rules ('bracket … of automatic inflation adjustment mechanisms, effects on individual tax burdens can be substantial, even with low … inflation. Bracket creep is found to reduce tax progressivity. At the same time, overall tax revenues increase. In terms of tax …

Increases in German core inflation following the 2007 VAT hike were smaller than expected, leading to speculation about … small increase upon implementation. We find that core inflation rose by 0.36 percentage point in the run up and by a further … in core inflation in 2006-07 at an estimated pass-through of 73 percent. Most of the increase in 2006 was of general …

This paper simulates out-of-sample inflation forecasting for Germany, the UK, and the US. In contrast to other studies … that Phillips curves based on ex post output gaps generally improve the accuracy of inflation forecasts compared to an AR(1 …) forecast but that real-time output gaps often do not help forecasting inflation. This raises the question how operationally …

the End of theof the 1960s to the early 1980s -- Chapter 4. The Inflation Wave from the Late 1960s onward -- Chapter 5 …In light of the resurgence of inflation in developed industrialised countries following a period of inordinately low … inflation, this book analyses the causes and devastating effects of inflation by drawing lessons from the past. Focusing on the …