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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 …
Persistent link: https://www.econbiz.de/10011606198
In Deutschland herrscht Angst vor Inflation. Als Gründe für die mehr oder minder unterschwelligen Befürchtungen werden … Inflation oder dadurch, dass der Staat seine Schulden nicht anerkennt und es zu einem Schuldenschnitt kommt. Von einem solchen …Inflation-"Angst" is currently widespread in Germany. The main reasons this more or less subliminal fear are the high …
Persistent link: https://www.econbiz.de/10010460631
Im Juni 2008 ist die Inflationsrate im Euroraum auf 4% und damit ihren höchsten Wert seit Beginn der Währungsunion gestiegen, ausgelöst durch den kräftigen Anstieg der Preise für Rohöl und Nahrungsmittel, der von recht dauerhafter Natur sein dürfte. Die Europäische Zentralbank (EZB) hat...
Persistent link: https://www.econbiz.de/10010278942
Most recent discussions of deflation seem to overlook the main dangers posed by a deflationary economy and appear to offer superficial solutions. In this brief, the authors argue that, barring drastic changes in asset and output prices, deflation itself is not the main problem, but rather the...
Persistent link: https://www.econbiz.de/10010280341
Persistent link: https://www.econbiz.de/10013375519
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
Persistent link: https://www.econbiz.de/10012020561
Emerging countries in many cases are more crisis-prone than highly developed industrialized countries. This is in many cases due to a weak or volatile financial sector. The best policy to strengthen crisis resistance is the building up of a sound financial position. A sound financial position of...
Persistent link: https://www.econbiz.de/10011698419
Tax havens are among the biggest challenges faced by developing countries in achieving their national development goals. States, international organisations, multilateral agencies and non-governmental organisations have all made several efforts at compiling ‘lists’ of tax havens at the...
Persistent link: https://www.econbiz.de/10012490869
school) in Germany (n=426) and Mexico (n=296). The goal was to identify if brand awareness rates differ between Germans and … Mexicans, if the brand image of Apple iPod is perceived in the same way in Germany and in Mexico and what influencing factors … between the two countries (with higher rates in Mexico) as well as brand image attributes vary significantly (28 out of 34 …
Persistent link: https://www.econbiz.de/10010368391