Grundlagen der Untersuchung -- Rechtliche und wirtschaftliche Vorgaben -- Internationale Vorschriften zur Zinsabzugsbeschränkung -- Untersuchung alternativer Modelle zur Zinsabzugsbeschränkung -- Fazit.

This paper investigates the predictions of a simple optimizing model of nominal price rigidity for the aggregate price level and the dynamics of inflation. I compare the model's predictions with those of a perfectly competitive, flexible price "benchmark" model (corresponding to the model of...

We estimate the pass-through of a cost-push wage shock to producer prices of firms in Denmark. We deal with the endogeneity of wages by using an identification strategy based on variation in the estimated outside option of workers within an industry. Our results suggest that the pass-through...