Showing 1 - 10 of 13,092
We analyze cross-household inflation dispersion in Europe using "fictitious" monthly inflation rates for several … to 2008. Our analysis is carried out on a panel of 23 up to 27 household-specific inflation rates per country for 15 … cross-country differences in inflation inequality with respect to the number of driving forces in the panel. In particular …
Persistent link: https://www.econbiz.de/10010425224
To which extent do equity and housing hedge against inflation? Despite an extensive literature, there is only little … horizon and period considered. Within one, five, and ten years housing hedges, at least partly, against inflation and the … to decrease with inflation in the post-war period. The hedge improves slightly with a longer time horizon and is perfect …
Persistent link: https://www.econbiz.de/10012544584
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10009162091
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output … growth, giving support to Phillips' Golden Triangle theory. -- Employment Growth ; Inflation ; Output Growth ; Golden …
Persistent link: https://www.econbiz.de/10009487899
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10013092691
This paper builds up a simple New Keynesian model and revisits the relationship between unemployment and in ation in the long-run. It finds that when the labor market is affected by downward nominal wage rigidity, this relationship goes beyond the tradeoff between the first moments of...
Persistent link: https://www.econbiz.de/10012429726
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10014042997
Persistent link: https://www.econbiz.de/10009248388
inflation are co-breaking. We argue that the step-like development of inflation is in line with shocks and monetary policy that …% inflation was accomplished by introducing an inflation targeting regime. …
Persistent link: https://www.econbiz.de/10011544982
This study seeks to examine the stability of the Phillips Curve in Nigeria, as well as to ascertain the applicability of the popular Lucas Critique to the Phillips Curve in Nigeria. Using quarterly data from 1990Q1 to 2018Q3, the model is estimated with robust OLS that accounts for possible...
Persistent link: https://www.econbiz.de/10013348461