A regime shift towards increased inflation expectations is credited with jumpstarting the recovery from the Great … Depression in the United States. Germany experienced a recovery as fast and strong in the 1930s. What role did inflation … expectations play at the start of this remarkable economic upturn? To answer this question, we study inflation expectations in …

We use Bayesian additive regression trees to reexamine the efficiency of growth and inflation forecasts for Germany. To …-term growth and longer-term inflation forecasts. We cannot reject weak efficiency of short-term growth and inflation forecasts. We …

This paper empirically compares sticky-price and sticky-information Phillips curves considering inflation dynamics in … moments of inflation. Under baseline calibrations, the two models perform similarly in almost all countries. Under estimated … unconditional moments of inflation dynamics better while sticky information is more successful in matching co-movement of inflation …

During the turbulent 1970s and 1980s the Bundesbank established an outstanding reputation in the world of central … interpreted, first and foremost, as a commitment device. In our setting, a monetary target helps anchoring inflation and inflation … well as a strong response to deviations of inflation from target and to the activity growth gap. In contrast, the response …

During the turbulent 1970s and 1980s the Bundesbank established an outstanding reputation in the world of central … interpreted, first and foremost, as a commitment device. In our setting, a monetary target helps anchoring inflation and inflation … well as a strong response to deviations of inflation from target and to the activity growth gap. In contrast, the response …

During the turbulent 1970s and 1980s the Bundesbank established an outstanding reputation in the world of central … interpreted, first and foremost, as a commitment device. In our setting, a monetary target helps anchoring inflation and inflation … well as a strong response to deviations of inflation from target and to the activity growth gap. In contrast, the response …

During the turbulent 1970s and 1980s the Bundesbank established an outstanding reputation in the world of central … interpreted, first and foremost, as a commitment device. In our setting, a monetary target helps anchoring inflation and inflation … well as a strong response to deviations of inflation from target and to the activity growth gap. In contrast, the response …

In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to … on the German economy and society of the global energy crisis that followed Russia's attack on Ukraine in February 2022 …. In addition, during the energy crisis 2022 inflation rates rose dramatically and real wages dropped more than in any …

In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to … on the German economy and society of the global energy crisis that followed Russia's attack on Ukraine in February 2022 …. In addition, during the energy crisis 2022 inflation rates rose dramatically and real wages dropped more than in any …

In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to … on the German economy and society of the global energy crisis that followed Russia's attack on Ukraine in February 2022 …. In addition, during the energy crisis 2022 inflation rates rose dramatically and real wages dropped more than in any …