We study asymmetric inflation effects of both conventional and unconventional monetary policy in the euro area during …

We present new empirical evidence for the US economy that inflation reduces the inequality of the earnings distribution … higher inflation on income distribution is shown to be rather small. However, we find that a longer duration between two …

shocks from wages to inflation. Downward wage rigidities help explaining the asymmetric business cycle of many OECD countries …

shocks from wages to inflation. Downward wage rigidities help explaining the asymmetric business cycle of many OECD countries …

The standard derivation of the accelerationist Phillips curve relates expected real wage inflation to the unemployment … rate and invokes a constant price markup and adaptive expectations to generate the accelerationist price inflation formula …, micro-level real wage dynamics have no observable implications for macro data on wage and price inflation …

inference that feature varying level of trade-off between estimation precision and computational speed. Using monthly data for …

We study asymmetric inflation effects of both conventional and unconventional monetary policy in the euro area during …

An empirical analysis of the impact of labour market structures on the response of inflation to macroeconomic shocks is … presented. Results based on a 20 country panel show that if labour market coordination is high, the effect on inflation of … inflation to its reduced form determinants. These findings are attributed to the behaviour of wages following movements in …

patterns in economic activity and inflation following oil price shocks in the euro area. In the 'normal regime', oil price … shocks are followed by sizeable and sustained macroeconomic fluctuations, with inflation and economic activity moving in the … same direction as the oil price. The responses of inflation expectations and wage growth point to second-round effects as a …