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retail microdata and inflation dynamics. …
Persistent link: https://www.econbiz.de/10014573598
del shock inflacionario. ; This paper analyses the distributional impact of high consumer inflation in the euro area and … (HBS) – to quantify the distributional impact of inflation, income support measures and measures aimed at containing prices …. The analysis confirms that purchasing power and welfare were more severely affected by the 2022 inflation surge among …
Persistent link: https://www.econbiz.de/10014573613
El 28 de diciembre de 2022, el Gobierno español anunció una reducción del impuesto sobre el valor añadido (IVA) con carácter temporal para determinados productos. Los tipos de IVA se redujeron el 1 de enero de 2023 y se espera que vuelvan a su nivel anterior a mediados de 2024. Utilizando...
Persistent link: https://www.econbiz.de/10014573631
when the parameters that determine the tax (brackets and tax benefits) are not fully updated with inflation. This paper …
Persistent link: https://www.econbiz.de/10014573646
There is a general recognition that there are deficiencies in the Mundell-Fleming model. Nonetheless, Rose [2000] has stated that Mundell was the first to exposit the Policy Trilemma, which identifies an intrinsic incompatibility among: high capital mobility, fixed exchange rates, and monetary...
Persistent link: https://www.econbiz.de/10009440668
the inflation rate, output gap, and nominal interest rate are determined for various policy parameters, and are compared …
Persistent link: https://www.econbiz.de/10009441077
to inflation targeting as their monetary policy. This paper serves as a survey of the experiences of emerging countries … in adoption to inflation targeting. In view of the recent successful experience of some emerging economies, the paper … focuses on inflation targeting as a choice of policy regime for Pakistan. The discussion and analysis in this paper suggests …
Persistent link: https://www.econbiz.de/10009441615
to provide clarity about the inflation target and to communicate information about the output target and supply shocks …
Persistent link: https://www.econbiz.de/10009442001
based. We consider this decision making process in the context of a model in which inflation forecast targeting is used but … generated expectations of medium term inflation provide the best description of discrete changes in interest rates. We find a …
Persistent link: https://www.econbiz.de/10009442006
and transactions costs. When the crime rate is positive, welfare increase with inflation, and the Friedman rule is not …
Persistent link: https://www.econbiz.de/10009466028