Showing 1 - 10 of 239,467
The COVID-19 crisis had a major impact on the measurement of inflation around the world, as price observation in shops … of inflation produced in all EU Member States and the key inflation target measure for European monetary policy. We … impact on the overall inflation rate from some of the choices made. …
Persistent link: https://www.econbiz.de/10012429644
Our paper studies the relationship between money growth and consumer price inflation in the euro area using wavelet … analysis. Wavelet analysis allows to account for variations in the money growth-inflation relationship both across the … frequency spectrum and across time. We find evidence of strong comovements between money growth and inflation at low frequencies …
Persistent link: https://www.econbiz.de/10010433361
changes does not change much with inflation and does not react much to aggregate shocks; (vi) changes in inflation are mostly … consistent with the predictions of a menu cost model in a low inflation environment where idiosyncratic shocks are a more …
Persistent link: https://www.econbiz.de/10013257642
movements do not have an impact on inflation, as aggregate rules of thumb mask substantial heterogeneities across countries … deviations of inflation from target, including those relating to exchange rate fluctuations. Moreover, under the effective lower … inflation. …
Persistent link: https://www.econbiz.de/10012206373
costs across product groups. We show that, after the referendum, inflation increased by more for product groups with higher …
Persistent link: https://www.econbiz.de/10012157863
-to-consumer ecommerce for prices and inflation in the euro area. It highlights three key results. First, whether online prices and inflation …. Moreover, properly selected online prices track official inflation indices even in real time. Second, the effect of e …-commerce on inflation appears to be transient and differs between countries. However, as the penetration of some markets is still …
Persistent link: https://www.econbiz.de/10014316098
changes does not change much with inflation and does not react much to aggregate shocks; (vi) changes in inflation are mostly … consistent with the predictions of a menu cost model in a low inflation environment where idiosyncratic shocks are a more …
Persistent link: https://www.econbiz.de/10013361901
years of restrictions, growing debts and money supply, and extremely high inflation. This research analyses the Harmonised … Index of Consumer Prices (HICP) in the service industries of the EU-27, comparing it to overall inflation and price growth … inflation and substantiates the need for monetary policy measures to slow down inflation. …
Persistent link: https://www.econbiz.de/10014529553
This paper investigates whether the exchange rate pass-through (ERPT) to CPI inflation is a nonlinear phenomenon for … confidence during the recent sovereign debt crisis has entailed a higher sensibility of CPI inflation to exchange rate movements. …
Persistent link: https://www.econbiz.de/10011374301
Against the difficult background of analysing aggregated data in this paper core inflation in the euro area is … misleading indicator for monetary policy in the euro area. We furthermore compare our core inflation measure to the wide … coincident indicator of HICP inflation. Assessing the robustness of our core inflation measure we carefully conclude that it …
Persistent link: https://www.econbiz.de/10009767687