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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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Building on the seminal paper of Weber et al. (2022), we provide a stress-test framework of inflation exposure and … both the ex- and internal dimensions of inflation exposure for the former EU28 countries within global production networks …
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Eurozone. The inadequacy of the first two theories in this regard is demonstrated and their failings in this context are …
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a while. However, inflation-despite increasing significantly in recent months due to transitory factors-is projected to … moderate during 2022 and remain below the ECB's inflation target over the medium term. Uncertainty surrounding the outlook …
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. 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 …
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