non trivial investment decisions Allowing for two goods Introducing money Introducing price setting Introducing staggering …

for non trivial investment decisions; Allowing for two goods; Introducing money; Introducing price setting; Introducing …

underlying inflation, both in the euro area and in Spain. This largely reflects the indirect effect of the sustained increase in … pace of resumption of activities involving more social contact, after two years of demand constraints. Underlying inflation … significantly higher contribution to the growth in consumer prices in Spain than in the euro area in the last year, owing to the …

Recent increases in commodity prices have led to calls for the regulation of speculators. These calls have come from … activities in the commodity markets over the past decade to price inflation. The paper argues that government regulatory policies …

sources of the rise and fall of the Great Inflation from the late 1960s to the early 1980s and of the Great Moderation of … periods is attributed to the time-varying volatility of shocks. The history for inflation is more nuanced, as a more vigorous … stand against it would have reduced inflation in the 1970s, but not completely eliminated it. In addition, they find that …

monetary policy.Chapter 1 studies the choice of endogenous means of payment when holding money is risky. In steady state … interest rate. Credit may be used when the return on money is not positive. A positive money injection reduces the crime rate … and transactions costs. When the crime rate is positive, welfare increase with inflation, and the Friedman rule is not …

(HBS) – to quantify the distributional impact of inflation, income support measures and measures aimed at containing prices … del shock inflacionario. ; This paper analyses the distributional impact of high consumer inflation in the euro area and …. The analysis confirms that purchasing power and welfare were more severely affected by the 2022 inflation surge among …

This paper presents new non-linear regression estimates of the relationship between inflation and economic growth for … inflation is associated with moderate gains in GDP growth up to a roughly 15 – 18 percent inflation threshold. However, the … at all with either the inflation coefficient or our estimated turning point. With the middle income countries, we return …