patterns in economic activity and inflation following oil price shocks in the euro area. In the normal regime, oil price shocks … followed by sizeable and sustained macroeconomic fluctuations, with inflation and economic activity moving in the same … direction as the oil price. The responses of inflation expectations and wage growth point to second-round effects as a potential …

this policy strategy could have largely prevented the post-pandemic inflation episode. …

health and education government spending on income inequality in the European Union over the 2002-2015 period. In this …