by following a Taylor-type rule for consumption taxes while using labour income taxes to balance its budget. Under …

inflation could even liquidate German debt …

Although euro area-wide inflation was from 1999 to 2005 almost right, i.e., "close to balance, but below 2%," and … emerges at country level is more scattered. Inside a monetary union, inflation divergences could be destabilizing and an … excessive dispersion could be a problem, thus the scattered performance of the single members in terms of HICP inflation and …

This paper provides a comprehensive empirical analysis of the role of discretionary fiscal policy for inflation … is difficult to find robust evidence of the fiscal policy stance or impulse impacting directly on inflation differentials …. We do find, however, support for an indirect effect of discretionary fiscal policy on inflation differentials working …

inflation facts. Using a Dynamic Stochastic General Equilibrium model with Markov-switching policy rules, we identify three …

Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …

This paper provides a comprehensive empirical analysis of the role of discretionary fiscal policy for inflation … is difficult to find robust evidence of the fiscal policy stance or impulse impacting directly on inflation differentials …. We do find, however, support for an indirect effect of discretionary fiscal policy on inflation differentials working …