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We study the impact of the COVID-19 pandemic on euro area inflation and how it compares to the experiences of other …-output linkages, affecting both trade and inflation; (2) inflation can be higher under sector-specific labor shortages relative to a … domestic aggregate demand shocks in explaining euro area inflation over 2020-21; and (4) international trade did not respond to …
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role in the transmission of household uncertainty to inflation. I develop an Overlapping Generations New Keynesian model …
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attributed the phenomenon to consumer confidence in the economy. Furthermore, the results showed that inflation negatively …
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confidence, money supply, and inflation have a significantly positive impact on consumer spending, while interest rates possess …
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This paper studies the nature, evolution, and sources of inflation heterogeneity across households in France and … Germany. Inflation differences are large and persistent. The two main sources of inflation heterogeneity are spatial …. Income heterogeneity by itself is not a relevant determinant of inflation heterogeneity, but due to its correlation with …
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