Showing 50,221 - 50,230 of 50,751
Using a large panel of firm-level data, this paper provides an analysis of how inflation shocks in the Baltics between … sectors. First, we find that inflation and inflation volatility had mixed effects on TFP growth, profitability and net fixed … find that inflation shocks had differential effects on large versus small firms. Third, we explore sectoral heterogeneity …
Persistent link: https://www.econbiz.de/10015058633
persistent or to more volatile inflation), systematically express higher concerns over rising prices. The link between past high … inflation exposure and expressed concerns over price stability is particularly strong when an individual's exposure occurs in … the latter part of her working-age (as in lifecycle theory). The impact of past exposure to high inflation on …
Persistent link: https://www.econbiz.de/10015058640
investigates how weather anomalies affect global supply chains and inflation dynamics. Using monthly data for six large and well … chain disruptions. The impact of weather shocks on supply chains and inflation dynamics is likely to become more pronounced …. Central bankers should consider the impact of weather anomalies on supply chains and inflation dynamics to prevent entrenching …
Persistent link: https://www.econbiz.de/10015058641
This paper investigates the drivers of headline inflation and the degree of exchange rate passthrough (ERPT) in The …, oil and fertilizer), the exchange rate, and the domestic output gap. The short-run dynamics of inflation points to the … the potential to tame inflation in the short run provided the monetary policy rate is adjusted rapidly and boldly. Lastly …
Persistent link: https://www.econbiz.de/10015058676
What is the effect of carbon pricing on inflation? This paper shows empirically that the consequences of the European … Union's Emission Trading System (ETS) and national carbon taxation on inflation have been limited in the euro area, so far … EU's 'Fit-for-55' commitments on inflation. The required increase of effective carbon prices from around 40 Euro per ton …
Persistent link: https://www.econbiz.de/10015058697
This paper studies how and why inflation expectations have changed since the emergence of Covid-19. Using micro …-year and five-ten year horizons has widened since the surge of inflation during 2021, along with the mean. Persistently high … adaptive learning is able to mimic the change in inflation expectations over time for different demographic groups. The …
Persistent link: https://www.econbiz.de/10015058699
This paper analyzes the distributional impacts of inflation in Thailand. For that aim, the paper uses rich micro …-survey data on 46,000 Thai households to study the effect of the recent elevated inflation on poverty, its distributional effects … multidimensional impact of inflation, the paper also studies how inflation differentially affects households through the consumption …
Persistent link: https://www.econbiz.de/10015058708
We study the global inflation surge during the pandemic recovery and the implications for aggregate and sectoral … differences in the inflation response across sectors imply the relative price of goods has been pro-cyclical this time around … calibrated exercise shows that the resulting changes to the output-inflation relation are quantitatively important and improve …
Persistent link: https://www.econbiz.de/10015058764
economic growth. This paper examines the roles of three other factors: primary budget surpluses, surprise inflation, and pegged … inflation and the pre-Accord peg. In this counterfactual, debt/GDP declines only to 74% in 1974, not 23% as in actual history …
Persistent link: https://www.econbiz.de/10015058792
impacts of indexation on fiscal outcomes during episodes of inflation surprises; and an analysis of the association between … the overall degree of indexation combining the four budget items and inflation persistence …
Persistent link: https://www.econbiz.de/10015058808