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Inflation and currency depreciation in Germany 1920 - 1923 : a disequilibrium model of prices and the exchange rate
Sommariva, Andrea - 1985
Persistent link: https://www.econbiz.de/10013359508
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Cold progression and its effects on income distribution
Heer, Burkhard; Süssmuth, Bernd - 2003
We present new empirical evidence for the US economy that inflation reduces the inequality of the earnings distribution … higher inflation on income distribution is shown to be rather small. However, we find that a longer duration between two …
Persistent link: https://www.econbiz.de/10011507921
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Are bond markets really overpriced : the case of the US
Clostermann, Jörg; Seitz, Franz - 2005
In the present paper we analyse whether fundamental macroeconomic factors, temporary influences or more structural factors have contributed to the recent decline in bond yields in the US. For that purpose, we start with a very general model of interest rate determination in which risk premia are...
Persistent link: https://www.econbiz.de/10012002995
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The joint dynamics of U.S. and euro-area inflation rates : expectations and timevarying uncertainty
Grishchenko, Olesya; Mouabbi, Sarah; Renne, Jean-Paul - 2017
Persistent link: https://www.econbiz.de/10011647288
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Unit labor cost growth differentials in the Euro area, Germany, and the US : lessons from PANIC and cluster analysis
Fritsche, Ulrich; Kuzin, Vladimir - 2007
Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2004) and cluster procedures (Hobijn and Franses …
Persistent link: https://www.econbiz.de/10010426362
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How bad is divergence in the Euro-zone? : lessons from the United States of America and Germany
Dullien, Sebastian; Fritsche, Ulrich - 2006 - This version: October 06
This paper compares relative unit labour cost developments in the countries of the euro-area since the beginning of the European Monetary Union (EMU) both with historical developments and with intra-regional unit labour cost developments in the United States of America and Germany. To this end,...
Persistent link: https://www.econbiz.de/10010426369
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The inflation expectations of firms : what do they look like, are they accurate, and do they matter?
Bryan, Michael F.; Meyer, Brent H.; Parker, Nicholas B. - 2014
investigate the inflation expectations and uncertainties of firms. We document that, in the aggregate, firm inflation expectations … are very similar to the predictions of professional forecasters for national inflation statistics, despite a somewhat … inflation expectations bear little in common with the "prices in general" expectations reported by households. Next we show that …
Persistent link: https://www.econbiz.de/10010457601
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The inflation expectations of firms : what do they look like, are they accurate, and do they matter?
Bryan, Michael F.; Meyer, Brent H.; Parker, Nicholas B. - 2015 - Rev.
investigate the inflation expectations and uncertainties of firms. We document that, in the aggregate, firm inflation expectations … are very similar to the predictions of professional forecasters for national inflation statistics, despite a somewhat … inflation expectations bear little in common with the "prices in general" expectations reported by households. Next we show that …
Persistent link: https://www.econbiz.de/10010459621
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Monetary policy transmission and trade-offs in the United States : old and new
Hofmann, Boris; Peersman, Gert - 2017
Persistent link: https://www.econbiz.de/10012009518
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Drivers of the underground economy around the millienium : a long term look for the United States
Goel, Rajeev K.; Saunoris, James W.; Schneider, Friedrich - 2017
bigger government reduced it, with the effects of inflation being statistically insignificant. Politically, the efficacy of …
Persistent link: https://www.econbiz.de/10011694815