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 … Ausgleich von Preisschocks durchsetzt, zu hoher Inflation und letztlich zu harter restriktiver Geldpolitik mit Arbeitslosigkeit …

die Preis- und Volumenrechnungen in den Volkswirtschaftlichen Gesamtrechnungen sowie die Besonderheiten der harmonisierten …

Aggregate. Die Inflation erreichte mehr als 180 vH. Für 1999 ist damit zu rechnen, daß sich diese Entwicklung noch verschärft …, das BIP in einer Größenordnung von 5 vH sinkt und sich die Inflation wiederum im dreistelligen Bereich bewegen wird. …

trade and (even more) capital spending tend to boost cycles. The price level is mainly determined by unit labour costs … employment is analyzed by a reinterpretation of the Phillips curve. It is shown that the inverse link between the inflation rate …

This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area …, based on research findings that have been produced in the context of the Inflation Persistence Network. The main findings … are - i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is …

The primary goal of monetary policy in most economies of the world is to achieve and maintain price stability. This … paper evaluates price developments and consumer price indices in south-eastern European countries, i.e. countries that have … transition countries, inflation has generally been higher and more volatile than in advanced economies. The analysis reveals that …