Several European countries adopted inflation targeting as a monetary policy strategy during the 1990s. We evaluate the … impact of the establishment of this policy framework on the dynamics of inflation for three countries: United Kingdom, Spain … and Finland. We find that inflation targeting was not the most important factor behind the decline of their monthly and …

combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of …This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … unemployment that may account for a changing pattern in the unemployment inflation trade-off. Moreover, it analyzes whether the …

combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of …This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … unemployment that may account for a changing pattern in the unemployment inflation trade-off. Moreover, it analyzes whether the …

, inflation and unemployment, we detect a wrong sign in the response of inflation to contractionary monetary policy shocks … significant unemployment inflation trade-off emerges. These conclusions are confirmed by using industrial production instead of … 1999-2019, when the Federal Funds Rate and the Euro-Dollar exchange rate are added to the VAR model inflation shows …

and turns of unemployment rates in Europe and elsewhere. …This paper painstakingly restores a vintage empirical model of unemployment determination by interacting shocks and …

and turns of unemployment rates in Europe and elsewhere …This paper painstakingly restores a vintage empirical model of unemployment determination by interacting shocks and …

the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …

The paper deals first with the characters of unemployment and inflation and their trend in the EMU. Then it underlines … that EMU's institutions tend to reduce inflation to a minimum, while limiting fiscal interventions at the national and the …

volatile inflation. Models with wage stickiness and right-to-manage bargaining or with firm-specific labour emerge as the most … promising candidates. -- Inflation Dynamics ; Labour Market ; Business Cycle ; Real Rigidities …

This paper reviews recent approaches to modeling the labour market, and assesses their implications for inflation … volatile inflation. Models with wage stickiness and right-to-manage bargaining or with firm-specific labour emerge as the most …