We compare supermarket price setting in the US and the euro area and assess its impact on food inflation. We introduce … flexibility of supermarket inflation in the US relative to the euro area. We argue that the driving force behind both factors is … by a mildly state-dependent price-setting model, and they jointly explain over a third of the difference in food-inflation …

The aim of the article is to clarify the controversies surrounding the relationship between inflation and unemployment …, and Germany, during the coronavirus pandemic (from January 2020 to February 2022). The pandemic has had various adverse … also an increase in inflation. The article, therefore, hypothesises that the relationships between unemployment and …

fluctuations associated with these events are also discussed, as is their role in the recent surge of inflation, with a particular …