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time. When the inflation rate for 2022 was re-referenced to the 2020 base year, it stood at 6.9% and was one percentage …
Persistent link: https://www.econbiz.de/10014333761
time. When the inflation rate for 2022 was re-referenced to the 2020 base year, it stood at 6.9% and was one percentage …
Persistent link: https://www.econbiz.de/10014332265
Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is …
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("wageless recovery"). Second, inflation determines the type of recovery: low inflation (below 30 percent annual rate) is … associated with jobless recovery, while high inflation is associated with wageless recovery. The paper shows that this pattern of …
Persistent link: https://www.econbiz.de/10013099123
This paper relates the size of the cyclical inflation differentials, currently observed for euro area countries, to the … cyclical inflation differentials. The proposed mechanism is a supply side one in which differences in labor market institutions …
Persistent link: https://www.econbiz.de/10013317627