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We find strong econometric support for a break in the relationship between perceived and HICP inflation in the euro …
Persistent link: https://www.econbiz.de/10011506633
We find strong econometric support for a break in the relationship between perceived and HICP inflation in the euro …
Persistent link: https://www.econbiz.de/10011618160
We find strong econometric support for a break in the relationship between perceived and HICP inflation in the euro …
Persistent link: https://www.econbiz.de/10013137453
monetary policy reduces the persistence of inflation. Taking into account the fractional integration of inflation, we confirm … that inflation dynamics differed considerably across Euro area countries before the start of EMU. Since 1999, however …, results obtained from panel estimation indicate that the degree of long run inflation persistence has converged. In line with …
Persistent link: https://www.econbiz.de/10014209771
Persistent link: https://www.econbiz.de/10003458025
We analyse the determinants of the inflation trends in ten Southeast European (SEE) countries. Global cost …-related factors and euro area inflation developments play an important role in explaining inflation dynamics in SEE countries. Changes … exchange to the euro area (EA) market appear to be susceptible to inflation spillovers from the euro area. Moreover, nominal …
Persistent link: https://www.econbiz.de/10012101480
We analyze the determinants of the inflation trends in ten Southeast European (SEE) countries. Global cost …-related factors and euro area (EA) inflation developments play an important role in explaining inflation dynamics in SEE countries … exchange to euro area market appear to be susceptible to inflation spillovers from the euro area. Moreover, nominal effective …
Persistent link: https://www.econbiz.de/10012124587
We examine the relationship between inflation and fiscal sustainability with a two-step approach. In the first step, we … various measures of inflation such as headline inflation, core inflation, energy inflation, and food inflation affect the … estimate of fiscal sustainability found previously. Our findings indicate that higher inflation rates contribute positively to …
Persistent link: https://www.econbiz.de/10014444867
This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of … unemployment that may account for a changing pattern in the unemployment inflation trade-off. Moreover, it analyzes whether the …
Persistent link: https://www.econbiz.de/10003035532
This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of … unemployment that may account for a changing pattern in the unemployment inflation trade-off. Moreover, it analyzes whether the …
Persistent link: https://www.econbiz.de/10013318359