Showing 71 - 80 of 219,994
estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …
Persistent link: https://www.econbiz.de/10014541860
This article examines the consequences of the Russian-Ukrainian war on the Italian economy, especially on inflation …, afterwards, to inflation and the war. The paper indicates the need for an economic policy based on the 'full and good employment …
Persistent link: https://www.econbiz.de/10014550856
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 …
Persistent link: https://www.econbiz.de/10014496519
estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …
Persistent link: https://www.econbiz.de/10014545239
This paper studies fiscal policy in a New Keynesian DSGE model with endogenous technology growth in which scarring can occur endogenously through hysteresis effects in TFP. Both demand- and supply-driven recessions can weaken investment in R&D and technology adoption, thus depressing the...
Persistent link: https://www.econbiz.de/10013469563
inflation in order to stabilize the expectations of households, firms and innovators. Endogenous growth provides a self … debt-stabilizing inflation when current fiscal deficits are not backed by future fiscal surpluses. Because growth creates … unique stable equilibrium, provided that the policy permits r−g to fall with inflation. …
Persistent link: https://www.econbiz.de/10014464085
model presents a 'price rule' for government spending that ensures that the ELR is not a source of inflation. Indeed, the …
Persistent link: https://www.econbiz.de/10010286518
This paper analyses the relation between US inflation and unemployment from the perspective of quot;frictional growth … policy has not only persistent, but permanent real effects, giving rise to a long-run inflation-unemployment tradeoff. We … evaluate this tradeoff empirically and assess the impact of productivity, money growth, budget deficit, and trade deficit on …
Persistent link: https://www.econbiz.de/10012776513
model presents a "price rule" for government spending that ensures that the ELR is not a source of inflation. Indeed, the …
Persistent link: https://www.econbiz.de/10009645847
The monetarist counterrevolution and the stagflation period of the 1970s were among the theoretical and practical developments that led to the rejection of fiscal policy as a useful tool for macroeconomic stabilization and full employment determination. Recent mainstream contributions, however,...
Persistent link: https://www.econbiz.de/10010266483