regulations (which led to a deep decline in the money multiplier). However, there are numerous signs in both the real and …, unemployment is systematically decreasing, the financial sector is more eager to lend, and its clients - to borrow. Rapidly growing …

deficits and private foreign debt, currency mismatches, and high inflation, while public finances were in good shape. The … of the world. The five currency boards in the region have lacked credibility. By contrast, inflation targeting has worked …

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 …

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 …

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 …

If the responses of wages - both private and public - and of pensions to an increase in inflation lead to second …

This paper analyses the distributional impact of high consumer inflation in the euro area and government measures 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 in lower-income households …