root of different inflation rates in Europe including the EU-27. Among others, we study the structural and cyclical factors … descriptive statistics. Subsequently, we set out the possible mismatches between price level convergence and inflation rates … factors on observed inflation rates first in an accounting framework and then by relying on panel estimations. Our estimation …

, supply-side shocks (related to energy, food and bottlenecks) have played a major role in recent inflation developments in the … as a determinant of inflation, with an effect that could be more persistent in the future. ; El reciente episodio …

, supply-side shocks (related to energy, food and bottlenecks) have played a major role in recent inflation developments in the … as a determinant of wage inflation, with a pass-through to prices that has been limited so far but that, if it …

Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …

Recent financial instability has called into question the sufficiency of low inflation as a goal for monetary policy … quantity theory, and their policy prescription of price stability supported by lender of last resort activities in the event of …, particularly Austrian theory which stressed the banking system’s capacity to generate relative price distortions and forced saving …

explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …

on estimating the impacts on wages and property values that could result from people's perceptions of the risks … by which negative public perceptions result in economic impacts reflected in wages and property values. On the basis of …