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Konzept mit seiner Reser-viertheit gegenüber einer aktivistischen Geldpolitik und mit der Überzeugung, dass Inflation ein … targeting versus inflation targeting is judged as somewhat exaggerated. Being a potential future concept, components of a … developed targeting are consi-dered, with its roots on the insight that inflation is a monetary phenomenon and that a monetary …
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Inflation in the euro area has been falling since mid-2013, turned negative at the end of 2014 and remained below … by means of sign restrictions, to inflation and economic activity. Shocks to oil supply do not tell the full story about … contractionary. A country analysis confirms that the negative effects of oil supply and monetary policy shocks on inflation was …
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, effective revenue ceilings induce an increase in deficit, debt and inflation. Under many scenarios, including recurrent adverse …
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estimating the effect on overall headline inflation, we examine effects on its 12 main sub-indices and further sub-categories of … food price inflation. This allows us to disentangle differences in the direction and strength of price effects across … consumption categories. Our results suggest significant positive effects of natural disasters on overall headline inflation, with …
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Headline inflation in the euro area jumped to more than three percent in the summer after years of relatively low … inflation rates well below the target of close to but below two percent set by the ECB until July 2021. One of the main reasons … for the rise in inflation is the increase in energy prices since the beginning of 2021. However, there are further …
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