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household and expert inflation expectations in five core European economies (France, Germany, Italy, Netherlands and Spain … experts, which seem to be more inclined to incorporate the implications of monetary union for the convergence in inflation … in high inflation countries are using higher best fitting constant gain parameters than those in low inflation countries …
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whether there is convergence in monetary transmission. The countries included are: Belgium, France, Germany, Italy, the … convergence of monetary policy transmission. …
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Macroeconomically oriented wage policies had largely gone out of fashion. Instead, the prevailing view was that wage setting is just another market process comparable to market processes in goods markets. However, these theoretical approaches ignore some fundamental aspects of wage setting. For...
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for services sectors. It reflects national inflation and productivity growth, while labour market tightness is negligible …
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, the economic convergence4 of the European states is yet not optimal and, additionally, alternative instruments do not yet …
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