long run. In particular, we show that if monetary policy reacts aggressively to inflation, this supports a steady state … where inflation is close to the central bank's target. However, the same aggressive policy simultaneously favours the … inflation are lower and monetary policy is constrained by the effective lower bound. We discuss how fiscal policy can be used to …

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 …

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 …

Why are we seeing inflation? The government dropped about $5 trillion in people's bank accounts, a classic fiscal … helicopter drop. Why did this one produce inflation? People do not believe this debt will be repaid. Will inflation continue …? Whether we see a one-time price-level increase or continued inflation depends on future fiscal and monetary policy, and …

In 2022, the global cost of living surged, pushing already rising global inflation to multi-decade highs. Our empirical … analysis assesses the impact of high inflation on Greece’s public finances (in terms of flows), considering the extraordinary …, distinguishing between the effects of a demand- and an external supply-driven shock to inflation. We find that the nature of an …

-capita income and inflation has been analyzed. It is found that the first policy instrument, i.e. decrease in budget deficit has … affected employment, income distribution and inflation adversely. The second policy instrument of imposition of indirect tax … negatively affected the employment, income distribution, per capita income and positively affected the inflation. The third …

, effective revenue ceilings induce an increase in deficit, debt and inflation. Under many scenarios, including recurrent adverse …

We empirically explore the influence of inflation on fiscal variables in the short, medium and long run, for the case … of inflation on changes in public debt; (ii) accounting decompositions of nominal revenue and expenditure items into …