economic activity and inflation. As a response to increasing financial fragmentation, the ECB has introduced several standard …

order to avoid being dragged into a disastrous course of inflation and over-indebtedness by the weaker members. A sudden … exactly compensates for the inflation rate of the common Euro. Hence, it is absolutely stable in terms of consumer prices, and … from both inflation and financial repression, while the weaker member states can improve their competitiveness by inflating …

are often used for monetary policy. Until now, the use of trimmed-mean price statistics in forecasting inflation has often … inflation forecasting improvements are perhaps not surprising given the current literature on core inflation statistics, we also …

Nash equilibrium with maximum inflation tax. The set of equilibria is considerably enlarged in the infinite repetition of … the game and equilibria with a lower inflation tax can also be supported by providing appropriate incentives to the money …

This paper proposes a new approach to assess the degree of anchoring of inflation expectations. We extend the static … provides estimates of a market-perceived inflation target as well as the strength of the anchor that holds expectations at that … target. A cross-country study based on a new data set of daily break-even inflation rates for the US, EMU, UK and Sweden …