Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation … 2007. The shock increased households' inflation expectations during 2006 and actual inflation in 2007. Germans' willingness …

directly on the relationship between the rate of change of the money stock and inflation. We believe that this is an inferior … instrument for the long-run control of inflation. An important finding that contradicts all of the previous literature is that … the QTM holds for low inflation as well as for high inflation. We discuss how our findings relate to monetarism generally …

quantity of money and or excess money can be used to forecast inflation. After a preliminary data analysis, money demand …. Using recursive estimates, indicator properties of monetary aggregates for inflation are assessed for the period from 2000 … the one for M2 is strongly influenced by these three observations. While in both cases forecasts for 2010 show inflation …

import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …

study the causal effect of unconventional fiscal policies on consumption expenditure via the inflation-expectations channel … (VAT) effective in 2007. This shock increased German households' inflation expectations during 2006, as well as actual … inflation in 2007. Matched households in other European countries serve as counterfactuals in a difference …

Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation … households increased their inflation expectations and willingness to purchase durables before the increase in VAT. Future …

find evidence of its linchpin prediction that is not limited to periods of high inflation. …

directly on the relationship between the rate of change of the money stock and inflation. We believe that this is an inferior … instrument for the long-run control of inflation. An important finding that contradicts all of the previous literature is that … the QTM holds for low inflation as well as for high inflation. We discuss how our findings relate to monetarism generally …

find evidence of its linchpin prediction that is not limited to periods of high inflation …

We find that inflation did not unanimously decrease savings in the US during the postwar period. This result is …