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inflation and declining real wages - governments must engage in a transformative agenda and go beyond emergency energy vouchers … a starting point; a permanent policy of automatic adjustment of wages to inflation rates in all member states should be …
Persistent link: https://www.econbiz.de/10014474497
inflation and declining real wages - governments must engage in a transformative agenda and go beyond emergency energy vouchers … a starting point; a permanent policy of automatic adjustment of wages to inflation rates in all member states should be …
Persistent link: https://www.econbiz.de/10014313430
This paper presents a new formulation of conflict inflation labeled the "pass-through" approach, which contrasts with … the existing "pressure balance" approach. The model generates Phillips styled inflation - unemployment dynamics that are a … hybrid of Keynesian and NAIRU dynamics. Conflict inflation arises when economic activity rises above the consistent claims …
Persistent link: https://www.econbiz.de/10014529512
Phillips curve. The paper demonstrates in a formal and rigorous manner why there is no trade-off between price inflation and …
Persistent link: https://www.econbiz.de/10009787027
case of Germany. A Job Guarantee's impact on inflation depends on excess production capacities of economic sectors as well … even contribute to reaching the inflation target and prevent deflation. However, deficiencies of the European institutional …
Persistent link: https://www.econbiz.de/10012301007
case of Germany. A Job Guarantee's impact on inflation depends on excess production capacities of economic sectors as well … even contribute to reaching the inflation target and prevent deflation. However, deficiencies of the European institutional …
Persistent link: https://www.econbiz.de/10012307675
cannot go without creating inflation, this paper asks whether the current employment policies will be able to deal with the … inflation. He finds that a shorter workweek and wage subsidies both have failed to meet one or both of these challenges, but …
Persistent link: https://www.econbiz.de/10014203609
Since WWII it has been the stated policy of the U.S. government to simultaneously pursue high employment and stable prices. Paradoxically, neither accepted economic theory nor practical experience appears to indicate that high or full employment is even possible with stable prices. In this paper...
Persistent link: https://www.econbiz.de/10014064055
, under the current mandate the U.S. has experienced low inflation and low unemployment, while many inflation … moderate inflation are probably not large. Third, central bankers need prodding to pursue goals other than inflation. Fourth …
Persistent link: https://www.econbiz.de/10005641686
affects the inflation process. Specifically, it investigates how the Phillips curve for consumer price inflation in a country … financial market completeness.Full publication: "http://ssrn.com/abstract=2248714" Globalisation and Inflation Dynamics in Asia …
Persistent link: https://www.econbiz.de/10013083467