There is a broad consensus among economists that, in the long run, inflation is a monetaryUnter Ökonomen besteht ein … breiter Konsensus dahingehend, dass Inflation auf lange Sicht …

-difference version is not so suspect. While evidence is found of a long-run relationship between Austria inflation and money growth, even … also rejected, but there is a statistically significant long-run relationship between Austrian and German inflation …

This paper assesses the performance of monetary indicators in predicting euro area HICP inflation out-of-sample over …. The results suggest that monetary indicators are still useful indicators for inflation in the euro area, but that a … inflation. …

The past years were characterized by unprecedented rises in prices of commodities such as oil or wheat and inflation … indicate future CPI inflation and if they can be used as indicator variables for central banks or not. We apply various … strong link between commodity prices and CPI inflation in the 1970s and the beginning of the 1980s. For a more recent sample …

quantity theory has been made operational also for the short-run dynamics of inflation by so-called Pstar models. An error …Inflation is a monetary phenomenon. While this statement is widely accepted in terms of a long-run relationship, the … inflation. The response of the HICP is strongly positive. Other factors such as raw material prices and unit labor costs also …