Showing 1 - 10 of 161
Ausgleich von Preisschocks durchsetzt, zu hoher Inflation und letztlich zu harter restriktiver Geldpolitik mit Arbeitslosigkeit … side of capital. The experience of the inflation wave and oil price shocks of the 1970s shows that a wage policy that … enforces full compensation of price shocks through higher wages leads to high inflation and ultimately to harsh restrictive …
Persistent link: https://www.econbiz.de/10014331142
return of inflation, financial instability risks, and the consequences of unconventional monetary policy (UMP) to the …'s (ECB) mandate and its broader implications. It highlights the unprecedented resurgence of inflation, which has complicated … monetary policy decisions and revealed gaps in understanding household inflation expectations. Financial stability, now …
Persistent link: https://www.econbiz.de/10015194702
five years, where the euro area has, following a period of low inflation, navigated a global pandemic, Russia's invasion of … Ukraine and an unprecedented surge in inflation. The survey has evolved over time and provides not only a long time series of …. We show that, for each of the three main macroeconomic variables forecast - HICP inflation, real GDP growth and the …
Persistent link: https://www.econbiz.de/10015199484
This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the ECOWAS (WAEMU … generally focused on exogenous approaches of determining optimal inflation which impose a sharp and most often linear behaviour … on the threshold level of inflation. This paper contributes to the policy debate on the inflation-growth nexus by …
Persistent link: https://www.econbiz.de/10015209779
imbalances for the period 2001-2022. The variables of interest in this study include inflation rate, real Gross Domestic Product …, innovation in interest rate was found to induce a negative and significant response in inflation with a lag, while fiscal balance … 4.2 percent reduction in inflation in the eighth year, but an increase of 1.4 percent in fiscal balance, 0.2 percent in …
Persistent link: https://www.econbiz.de/10015209810
. Darüber beeinflusst Inflation über ihre Steuerwirkungen die Realwirtschaft und den Staatshaushalt. Nicht zuletzt wird seit … langer Zeit darüber diskutiert, ob Inflation die Beschäftigung, die konjunkturelle Gangart und die wirtschaftliche … Inflationserwartungen forciert die negativen ökonomischen und gesellschaftlichen Effekte der Inflation. …
Persistent link: https://www.econbiz.de/10013359212
The study investigates the effect of changes in the exchange rate on output growth and inflation in the WAMZ economies …, inflation, exchange rate depreciation/ appreciation and money supply growth. Employing quarterly data series for the period 1981 … autoregressive (VAR) model to estimate the impulse response functions and variance decompositions for inflation and output in order …
Persistent link: https://www.econbiz.de/10013362872
Monetary Zone (WAMZ) countries and explores the response of fiscal convergence to divergence of public debt levels, inflation … strong evidence that reducing divergence in public debt levels, inflation rates and current account balances would reduce …
Persistent link: https://www.econbiz.de/10013362892
auf die Inflation dürfte mit der Einführung des 9-Euro-Tickets zusammenhängen. …
Persistent link: https://www.econbiz.de/10013363619
Eine sozialverträgliche Modernisierung und Dekarbonisierung bedarf mehr als nur kurzfristiger Maßnahmen. Die Ampelkoalition hat bereits wichtige Weichenstellungen vorgenommen. Unklar bleibt allerdings, wie die in den kommenden zehn Jahren erforderlichen Zusatzausgaben von jährlich 60-80 Mrd....
Persistent link: https://www.econbiz.de/10013364515