consequences for the analysis of inflation dynamics, modifying in particular the inflation-marginal cost relationship. As a general …

This paper analyses how globalization has affected inflation in the New EU Members States (NMS), and Poland in … advanced economies. However, future inflation-dampening effects in the NMS are likely to be smaller as the pace of increases in …

We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price …

In this paper we study the theoretical plausibility of the conjecture that inflation arises because imperfectly … inflation transmission. We compared these measures in several models of ICM and in perfectly competitive markets (PCM in the … sequel). In each case we find a necessary and sufficient condition for an ICM to transmit more inflation - according to the …

We analyse the adjustment of retail and services prices in a period of low inflation, using a set of individual price …

We analyse the incidence of endogenous entry and firm TFP-heterogeneity on the response of aggregate inflation to … distribution of firms in Spain. We then compare the inflation response to technology, interest rate and entry cost shocks, among … others. We find that structures in which large (more productive) firms predominate tend to deliver more muted inflation …

cross-country differences in the mismatch of perceived and actual inflation in the aftermath of the cash changeover are …

around 10% of its products. To assess the implications of partial price synchronization for inflation dynamics, we develop a …

sales; (iv) price changes related to sales and product replacements are less driven by inflation variations than regular … price changes; (v) the monthly inflation rate is correlated to the frequencies of price decreases and increases. The …

on inflation, product availability, entry and exit, and price dispersion. We first show that price controls have only a … small and temporary effect on inflation that reverses itself as soon as the controls are lifted. Second, contrary to common … aggregate inflation …