Showing 1 - 10 of 1,838
). Companies that more frequently refer to inflation in their conference calls with analysts performed worse. Internationally …
Persistent link: https://www.econbiz.de/10013192064
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 …
Persistent link: https://www.econbiz.de/10013277488
We estimate a multi-country, multi-sector New Keynesian model to quantify the drivers of domestic inflation during 2020 …-23 in several countries, including the United States. The model matches observed inflation together with sector-level prices … and wages. We further measure the relative importance of different types of shocks on inflation across countries over time …
Persistent link: https://www.econbiz.de/10014440764
explores implications for growth, innovation, inflation, financial markets, fiscal policy, and several socio-economic outcomes …, adjustment in energy markets, increased inflation variability, financial markets stress, intensified innovation, increased …
Persistent link: https://www.econbiz.de/10014230344
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 …
Persistent link: https://www.econbiz.de/10013432954
This paper tests whether the proposition that globalisation has led to greater sensitivity of domestic inflation to the … for domestic consumer price inflation in the euro area. Based on these findings, the prescription that central banks …
Persistent link: https://www.econbiz.de/10011604936
inflation has been increasing while the pass through into core inflation seems to have ceased. This paper explores the … implications in terms of commodity allocation for inflation hedging portfolios these recent works have paved the way for. We … proceed by first evidencing a link between the headline to core inflation spread and tradable commodities. We subsequently …
Persistent link: https://www.econbiz.de/10013091277
In a recent paper, Atkeson and Kehoe (2004) demonstrated the lack of a robust empirical relationship between inflation … relationship by allowing for inflation and growth to have a nonlinear specification dependent on inflation levels. In particular …, we allow for the possibility that high inflation is negatively correlated with growth, while a positive relationship …
Persistent link: https://www.econbiz.de/10012729476
effective is the Big Mac price as an indicator of overall inflation? And 2) to what extent do exchange rate predictions on under …- and over-valued currencies have come to fruition? We find that Big Mac prices tend to lag overall inflation rates, which …
Persistent link: https://www.econbiz.de/10013055284
Since 2000 U.S. inflation has remained both below target and silent to domestic slack and monetary interventions. A … inflation. The trend analysis shows that, starting from the '90s, despite very well-anchored expectations, slow-moving imported … "cost-push" factors induced deflationary pressure keeping trend inflation below target. The cycle block provides evidence in …
Persistent link: https://www.econbiz.de/10012795587