): "lf the true and fully anticipated rate of inflation has stabilized at a low level, i.e. two per cent, is the gain from … reducing inflation to zero worth the sacrifice in output and employment that would be required to achieve it?" ... …

untersucht: "If the true and fully anticipated rate of inflation has stabilized at a low level, i.e. two per cent, is the gain … from reducing inflation to zero worth the sacrifice in output and employment that would be required to achieve it?" ... …): "If the true and fully anticipated rate of inflation has stabilized at a low level, i.e. two per cent, is the gain from …

We empirically investigate the costs and benefits of going from low inflation to price stability in the case of Germany … reducing the trend rate of inflation by 2 percentage points exceeds the temporary costs in terms of output losses is below 0 ….3% of GDP. We analyze the welfare implications of the interactions even of moderate rates of inflation with the distorting …

): "lf the true and fully anticipated rate of inflation has stabilized at a low level, i.e. two per cent, is the gain from … reducing inflation to zero worth the sacrifice in output and employment that would be required to achieve it?" …

We empirically investigate the costs and benefits of going from low inflation to price stability in the case of Germany … reducing the trend rate of inflation by 2 percentage points exceeds the temporary costs in terms of output losses is below 0 ….3% of GDP. We analyze the welfare implications of the interactions even of moderate rates of inflation with the distorting …

Since 2021, the inflation rate in Germany and the euro area has increased significantly. At the same time, there are … increasing signs of ``de-anchoring'' of inflation expectations in Germany. This paper - building on the approach of Andre et al …. (2022) - examines in a pilot study survey-based narratives for the rising inflation together with socio-economic factors. A …