result is that the model is able to generate persistent responses in output, inflation, and total labor input to both neutral …

. 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 …

Eurozone. The inadequacy of the first two theories in this regard is demonstrated and their failings in this context are …

. Meanwhile, inflation is no longer driven by energy import prices, but by domestic factors. The increased profit margins of … companies are a major reason for persistent inflation. In this difficult environment, the trade unions are faced with the …

European Central Bank's Inflation Persistence Network …

European Central Bank's Inflation Persistence Network …