European Central Bank's Inflation Persistence Network …

European Central Bank's Inflation Persistence Network …

What is the effect of climate policies on inflation and economic activity? Answering this question is critical for …

current inflation rates and adaptive expectations concerning the inflation climate in which the economy operates. The model … correction terms, and indirectly of income distribution, in the dynamics of wage and price inflation in the U.S. and the euro …

This paper investigates how households form their perceptions of consumer price inflation. Using data from the … harmonized EU consumer survey, we find that inflation perceptions are inefficient and highly heterogeneous, yet contemporaneously … related to the actual rate of inflation. Consequently, we estimate how often households update their beliefs employing Carroll …

könnten. Die Autoren des Zeitgesprächs sehen diese Gefahr nicht. Vielmehr könne ein gemäßigter Anstieg der Inflation sogar … raised the question whether such a role of the ECB must lead to higher rates of inflation. Under current recessive … macroeconomic conditions in the eurozone, the ECB’s expansionary monetary policy will not lead to higher inflation. On the contrary …

gefühlte Inflation im Euroraum bei 4,5 %, während die offiziell gemessene Inflationsrate 1 % betrug. Das könnte daran liegen … the officially measured inflation rates. For example, according to survey results, perceived inflation in the first … quarter of 2021 in the euro area was 4.5 %, while the officially measured inflation rate was 1 %. This could be due to the …

The quantity theory of money predicts a positive relationship between monetary growth and inflation over long …-run horizons. However, in the short-run, transitory shocks to either money or inflation can obscure the inflationary signal …. A 'money augmented' Phillips curve that links inflation to money tightness and demand shocks of medium to long …

This article offers an empirical analysis of determinants of inflation in 28 European economies that belonged to the … indicate that inflation rate is autoregressive in the observed period (2005-2015), confirming that contemporaneous inflation …