die Geldpolitik aggresiv genug gegen Preisinflation (nach dem Taylor-Prinzip) agiert. …

Empirical research on the benefits of investing in inflation-linked bonds usually relies on a limited number of … observations due to the relatively recent introduction of these assets. We estimate models for the break-even inflation rate and … use these to create hypothetical inflation-linked bond returns. We compare these with the return on actual inflation …

of foreign exporting firms. The magnitude of these changes is greater when governments target domestic price inflation as … opposed to consumer price inflation. A positive shock to domestic labor productivity generates positive - although … quantitatively small - changes in the average productivity of all exporting firms when consumer price inflation is targeted. When …

governments target domestic price inflation as opposed to consumer price inflation. A positive shock to domestic labor … consumer price inflation is targeted. When domestic price inflation is targeted, the same shock causes a fall in the average …

taxation but suffers only part of the costs of union-wide inflation and higher interest rates, creating a tendency towards …