movements do not have an impact on inflation, as aggregate rules of thumb mask substantial heterogeneities across countries … deviations of inflation from target, including those relating to exchange rate fluctuations. Moreover, under the effective lower … inflation. …

inflation, also considering the indirect transmission through the core and food components. We find that, while the contribution … of energy inflation to core and food inflation is generally low in normal times, it has been significant in the recent … period, as a consequence of the exceptional increase in energy prices. In the first nine months of 2022, energy inflation …

inflation, also considering the indirect transmission through the core and food components. We find that, while the contribution … of energy inflation to core and food inflation is generally low in normal times, it has been significant in the recent … period, as a consequence of the exceptional increase in energy prices. In the first nine months of 2022, energy inflation …

This paper examines the causal effects of shifts in international food commodity prices on euro area inflation dynamics …%- 30% of inflation volatility. In addition, large autonomous swings in international food prices contributed significantly … to the twin puzzle of missing disinflation and missing inflation in the era after the Great Recession. Specifically …

Eurozone analysiert. Die Unsicherheit wird über die Volatilität der Strukturschocks auf den Wechselkurs in einem nichtlinearen …

change of food commodity prices leads to a rise in euro area headline inflation (HICP) of around 0.3 percentage points after …

This paper examines the causal effects of shifts in international food commodity prices on euro area inflation dynamics …%-30% of inflation volatility. In addition, large autonomous swings in international food prices contributed significantly to … the twin puzzle of missing disinflation and missing inflation in the era after the Great Recession. Specifically, without …

This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 … changes than for small ones in 9 out of 12 EA countries. -- exchange rate pass-through ; inflation ; smooth transition …

This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 …-through ; inflation ; smooth transition regression models ; euro area …