for various inflation theories matter empirically when analysing inflation processes in Germany. The results obtained … suggest that inflation in Germany is determined by adjustment processes on the market of production factors, external shocks … German inflation. The approach presented is of eclectic character and allows for examination which variables representative …

for various inflation theories matter empirically when analysing inflation processes in Germany. The results obtained … suggest that inflation in Germany is determined by adjustment processes on the market of production factors, external shocks … German inflation. The approach presented is of eclectic character and allows for examination which variables representative …

of monetary policy, for example, and some central banks also use inflation forecasts as intermediate targets. For the …