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This study aims to explore the extent to which changes in wealth contributes to inflation utilizing a highly flexible …
Persistent link: https://www.econbiz.de/10014573996
This paper presents the New Keynesian Phillips Curve (NKPC) -based framework for analysing euro area inflation outlook …. Our NKPC specification, that relies on market- and survey-based inflation expectations, explains well euro area inflation … long-horizons. Overall, the NKPC is a useful tool for monitoring euro area inflation outlook. Thanks to its fast and light …
Persistent link: https://www.econbiz.de/10012622377
well to individual country samples. We found that household saving is still very sensitive to changes in inflation and real …
Persistent link: https://www.econbiz.de/10013272751
. The world in 2022: slower growth, higher inflation, interest rate hikes .-- C. Effects on the region: large differences …
Persistent link: https://www.econbiz.de/10013329423
channel (with direct and indirect effects), the commodity price channel (including terms of trade and inflation issues) and …. Financial channel .-- B. Macroeconomic effects. 1. Inflation and monetary policy. 2. Fiscal policy. 3. Economic activity …
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