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This study looks at trends in Indian farm wages, analyses their linkage with food prices, and identifies factors which drove their growth in real terms. We employ quantitative and qualitative analysis techniques for this purpose. A vector-error correction model (VECM) is used to determine the...
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Since the 1980s inflationary pressures seem to materialize overproportionately outside of the sectors of consumer goods and services. We combine the Harmonized Index of Consumer Prices with indices for asset prices, such as stocks and real estate, as well as the costs of public goods to develop...
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Germany has suffered an inflationary shock broadly commensurate with that of the Euro Area as a whole, with energy playing a slightly larger, food a somewhat smaller than average role. Because of differences in consumption patterns, the current inflationary surge hits low-income households...
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Dutch inflation has risen steeply recently, despite unprecedented cuts in energy taxes and VAT, to a record high of 17% in September 2022. Energy has been by far the major driver of the inflation surge, but inflation has been broadening in 2022, with food price rises above 10% since July and...
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This chapter examines the recent evolution of inflation and its drivers in Greece, as well as the policies undertaken to limit its increase and mitigate its impact on households and firms. Greece is an interesting case as the current inflationary episode and the challenges it creates for real...
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