towards asylum seekers; 2) migrating workers in the workplace; 3) inflation and monetary policy; and 4) the role played by …

towards asylum seekers; 2) migrating workers in the workplace; 3) inflation and monetary policy; and 4) the role played by …

-economic environment? In this paper, we make use of a natural experiment to analyse the role of inflation experiences and institutions in … the formation of individual inflation preferences. In particular, we exploit the division of post-war Germany to … investigate to what extent the factual non-experience of inflation and 40 years of Communism have affected inflation preferences …

We develop a time-varying transition probabilities Markov Switching model in which inflation is characterised by two … stability. - Money growth ; inflation regimes ; early warning ; time varying transition probabilities ; Markov Switching model … regimes (high and low inflation). Using Bayesian techniques, we apply the model to the euro area, Germany, the US, the UK and …

We develop a time-varying transition probabilities Markov Switching model in which inflation is characterised by two … regimes (high and low inflation). Using Bayesian techniques, we apply the model to the euro area, Germany, the US, the UK and … switches between inflation regimes. Thus money growth provides an important early warning indicator for risks to price …

-difference version is not so suspect. While evidence is found of a long-run relationship between Austria inflation and money growth, even … also rejected, but there is a statistically significant long-run relationship between Austrian and German inflation …