Similar Search Results

Is there a threat of self-reinforcing deflation in the Euro area? : a view through the lens of the Phillips curve

Wieland, Volker; Wolters, Maik H. - 2014

to counter the threat of a self-reinforcing deflation and recession spiral. This note reviews the available evidence on … draws a comparison to the Japanese experience with deflation in the late 1990s and the evidence from Japan concerning the … outputinflation nexus at low trend inflation. The note concludes from this evidence that the risk of a selfreinforcing deflation …

Persistent link: https://www.econbiz.de/10010400309

Korea's inflation expectations with regard to the Phillips Curve and implications of the COVID-19 crisis

Jung, Kyu-Chul - In: KDI-journal of economic policy 43 (2021) 2, pp. 81-101

This paper estimates the expectation-augmented Phillips curve, which explains inflation dynamics, in Korea. The phenomenon of low inflation in Korea has been going on for quite some time, in particular since 2012. During the Covid-19 crisis, due to low inflation expectations the operation of...

Persistent link: https://www.econbiz.de/10012591523

Chronic deflation in Japan

Nishizaki, Kenji; Sekine, Toshitaka; Ueno, Yoichi - In: Asian economic policy review : AEPR 9 (2014) 1, pp. 20-39

Persistent link: https://www.econbiz.de/10011336728

A sustainable development of inflation in euro area requires continuously improving labor market

Dany-Knedlik, Geraldine - In: DIW weekly report : economy, politics, science : a … 8 (2018) 43, pp. 429-437

In the past five years, the inflation in the euro area has been well below the European Central Bank’s (ECB) aimed inflation rate of close to but below two percent for achieving its objective of price stabilization in the medium term. The present analysis shows that expectations of low...

Persistent link: https://www.econbiz.de/10011917388

Analysing euro area inflation outlook with the Phillips curve

Oinonen, Sami; Vilmi, Lauri - 2021

This paper presents the New Keynesian Phillips Curve (NKPC) -based framework for analysing euro area inflation outlook. Our NKPC specification, that relies on market- and survey-based inflation expectations, explains well euro area inflation dynamics. Its forecasting performance is also...

Persistent link: https://www.econbiz.de/10012622377

Inflation expectations in euro area Phillips curves

Álvarez, Luis J.; Correa-López, Mónica - 2020

Persistent link: https://www.econbiz.de/10012313591

Sources of post-pandemic inflation in Germany and the euro area : an application of Bernanke and Blanchard (2023)

Menz, Jan-Oliver - 2024

We use a simple macroeconomic model proposed by Bernanke and Blanchard (2023) to investigate the reasons for the recent sharp rise in inflation. Applied to Germany and the euro area, the model suggests that the surge in inflation has mainly been caused by commodity price shocks and supply...

Persistent link: https://www.econbiz.de/10014519212

The information content of survey data on expected price developments for monetary policy

Gerberding, Christina - 2001

The present paper uses survey data on expected consumer price developments to analyse the role of inflation expectations in the inflation process. The survey measures of price expectations are derived from the European Commission's Consumer Survey and from the surveys of professional experts...

Persistent link: https://www.econbiz.de/10011419361

Exploring trend inFLation dynamics in Euro Area countries

Correa-López, Mónica; Pacce, Matías; Schlepper, Kathi - 2019

Persistent link: https://www.econbiz.de/10012015936

Dynamics of inflation expectations in the Euro area

Paloviita, Maritta - 2008

Persistent link: https://www.econbiz.de/10009770044

1
2
3
4
5
6
7
8
9
10
Next
Last