inflation does not significantly affect bank profitability over both the short- and long-term. …

), the problem of instability is simply transferred to inflation rate differentials, what we call the (impossibility of the …) "uncovered inflation rate parity condition" in a monetary union. The analysis of the actual divergences and imbalances in the EMU …, then, suggests that failure to respect the "uncovered inflation rate parity condition" in a monetary union may lead to …

several years until cartel victims obtain damages. Interest and inflation are thus two key drivers of adequate compensation … legal systems treat interest and inflation as part of competition law actions for damages, and, using real-world data from …