drivers of the scenarios, we show that gross domestic product (GDP) growth is shaped by physical and transition shocks jointly … similarly if two-pillar or price level-targeting monetary policy rules are followed. The Taylor- rule, reacting to inflation and … output gap, yields higher and more persistent inflation as well as stronger short-term interest rate increases. These …

. 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. …

The recent spike in inflation, unprecedented in the history of the Economic and Monetary Union (EMU), has had major … effects of high inflation on fiscal accounts in the euro area. Relying on the wealth of expertise in the Eurosystem - within … overall positive effects of inflation on fiscal accounts. Indeed, the simulations point to adverse effects from the recent …

This paper presents a framework for quantifying uncertainty around point forecasts for GDP, inflation and house prices …

Despite significant economic reforms in many Southern Mediterranean EU neighbour countries, their growth performance … has on average been subdued. This study analyses the differences in growth performance and macroeconomic stability across … inflation under control, which will depend in great part on their ability to maintain fiscal discipline and sustainable current …

This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the WAMZ over the … effects of high inflation on growth. This finding is consistent with the theoretical proposition. It is remarkable to note … economies generally focused on exogenous approaches of determining optimal inflation which impose a sharp and most often linear …

While previous studies have explored the relationship between inflation and economic growth, the existing literature on … threshold effect of inflation on economic growth in the West African Monetary Zone (WAMZ) predominantly assumes a linear … the inflation-growth nexus. Results reveal an inflation threshold of 10.3 per cent per annum for WAMZ countries, showing …

This study empirically investigates the relationship between entrepreneurial activity and economic growth on the level … exhibit higher economic growth. Basically, market entries of young firms can stimulate regional economic development. But on …