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. Granular European data on inflation, firms, and banks confirm this mechanism. Industry-country pairs affected by a rise of … labor, which results in lower productivity, investment, and value added. Without a rise in zombie credit, inflation in …
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useful for predicting inflation. In addition, countries where slack (and potential growth) is overestimated to a larger …
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consumers' and GDP price indexes, their inflation rates and the stock market index, are stable across countries, while the …
Persistent link: https://www.econbiz.de/10014155345
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 …
Persistent link: https://www.econbiz.de/10014027799
This paper analyses the persistence and mean reversion properties of sovereign debt and its components by applying fractional integration methods to long runs of annual data starting in 1831 for the UK and the US, in 1862 for Italy and in 1881 for France and Germany, and ending in all cases in...
Persistent link: https://www.econbiz.de/10015077843
European Central Bank's Inflation Persistence Network …
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European Central Bank's Inflation Persistence Network …
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