. This is an advantage over monetary policy, which can only influence inflation indirectly by shifting the IS curve. In the …

We document the real-time forecasting performance for output and inflation of the New York Fed dynamic stochastic …

Motivated by migration phenomena and wage-inflation spillovers, we investigate the relationship between the two and the … inflationary remittances built-in pressures. We establish a feedback loop between migration and inflation, and specify a simple … inflation and tight labor market conditions increase wage-inflation sensitivity. A continuous decline of population by 1% leads …

determination of inflation dynamics. The model is characterized by local interactions of heterogeneous firms and households in the … relative prices but also on firm size. We show that our model is able to generate realistic inflation dynamics, as well as a … inflation stemming from a tight labor market only holds when markets are competitive and efficient. Finally, we study the …

. Dabei war die weltweite Produktionsdynamik noch bis Ende 2023 zurückgegangen. Ursachen waren hohe Inflation, restriktive … vor Pandemieausbruch vor vier Jahren. Für die schlechte Wirtschaftslage gibt es mehrere Ursachen. Hohe Inflation hat die …