policy varies between inflation targeting and restrained price level determination. I find that spillover multipliers are …

primary budget of the government by including the real long term interest rate and the inflation rate, measured as the change …

closely related to the harshness of fiscal austerity. Cumulative multiplier estimates are found to vary in a range from 1.4 to … 2.1, depending on the data source used to identify the intensity of fiscal consolidation. Given these multiplier values …

near-term economic outlook, characterised by persistently low nominal interest rates and inflation, and in a lasting low …

near-term economic outlook, characterised by persistently low nominal interest rates and inflation, and in a lasting low …

“below, but close to 2 percent” to a formal symmetric inflation targeting regime in the euro area or from flexible to average … inflation targeting in the U.S. is shown to boost output and inflation in both regions. Meanwhile, the fiscal packages approved … output and inflation as changing the monetary policy frameworks . Simultaneously implementing these policies is mutually …

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 …