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We study the impact of the COVID-19 pandemic on euro area inflation and how it compares to the experiences of other …-output linkages, affecting both trade and inflation; (2) inflation can be higher under sector-specific labor shortages relative to a … domestic aggregate demand shocks in explaining euro area inflation over 2020-21; and (4) international trade did not respond to …
Persistent link: https://www.econbiz.de/10013277488
Persistent link: https://www.econbiz.de/10013279787
During crises, governments resort to extraordinary fiscal and financial measures to mitigate the recessionary impacts of crises. These macroeconomic intervention measures along with aggregate demand and supply shocks and policy choices would affect the exporting environment of a country through...
Persistent link: https://www.econbiz.de/10014352025
China's trade surplus with the U.S. is now more than a quarter of the U.S. trade deficit and, with China growing faster than the U.S., raises questions about its future course. Some media commentators term the chronic trade surplus mercantilist but offer no persuasive motive for it. Academics...
Persistent link: https://www.econbiz.de/10014063512
Following a period of subdued consumer price changes, inflation has recently surged to levels that are significantly … impacting the behavior of households and firms. Although the underlying sources of inflation differ across major advanced … price stability.In the current macroeconomic discourse, inflation expectations have gained considerable attention. A …
Persistent link: https://www.econbiz.de/10014351176
Recent supply disruptions catapulted the issue of risk in global supply chains (GSCs) to the top of policy agendas and created the impression that shortages would have been less severe if GSCs were either shorter and more domestic, or more diversified. But is this right? We start our answer by...
Persistent link: https://www.econbiz.de/10013210958
It has been over one year since the invasion of Russia into Ukraine in February 2022. Several sanctions were applied, and its effects on the global economy in general, and Russian and Ukrainian economy in particular were serious. This aims to review the economic impacts of Russia and Ukraine war...
Persistent link: https://www.econbiz.de/10014358686
This doctoral thesis explores the impact of socioeconomic behaviour and foreign policy changes by international law on economic growth factors. The study investigates the ways in which changes in socioeconomic behaviour and foreign policy can affect economic growth, and the role that...
Persistent link: https://www.econbiz.de/10014354885
the economy. Policymakers seek answers to the questions of how climate change affects economic growth, inflation, and the …
Persistent link: https://www.econbiz.de/10014355731
The objective of this study is to enhance the understanding of inflation targeting tools, which can aid in the … development of effective inflation targeting policies in the context of global trends exposure. The current paradigm of … tools and evaluate their impact on output and inflation. We conduct a comprehensive review of international monetary …
Persistent link: https://www.econbiz.de/10014358380