productivity differentials between traded and non-traded goods sectors generate sectoral inflation differentials (dual inflation …). Furthermore, differentials in the degree of dual inflation induce inflation differentials between countries. The standard BS model …

there is no shorter-term trade-off between fast real convergence and low inflation. Such a tradeoff characterises the … dynamic process moving the economy along the regression line. But the actual dynamics may run off that line. High inflation is …

integration in the EU, but on its basis it is possible to create models of regional cohesion in Europe. …

and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility. …

import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …

-EU trading partners at the country-sector level. We find that especially upstream integration and EU-accession dampen inflation …

costs across product groups. We show that, after the referendum, inflation increased by more for product groups with higher …

Inflation affects the purchasing power of households. This paper documents large, idiosyncratic inflation differences … between households in their everyday shopping. Low-income households have experienced higher inflation in the last ten years … inflation differences within countries. Between countries, multinational retail chains not only differentiate products by …