We find strong econometric support for a break in the relationship between perceived and HICP inflation in the euro …

To which extent do equity and housing hedge against inflation? Despite an extensive literature, there is only little … horizon and period considered. Within one, five, and ten years housing hedges, at least partly, against inflation and the … to decrease with inflation in the post-war period. The hedge improves slightly with a longer time horizon and is perfect …

This paper analyses the degree of price rigidity and of inflation persistence across different product categories with … inflation persistence, we find that, for most of the EU15 countries as well as for the EU15 and the euro area aggregates …, excluding services from the full HICP results in a reduction in the measured degree of inflation persistence; for regulated …

We analyze cross-household inflation dispersion in Europe using "fictitious" monthly inflation rates for several … to 2008. Our analysis is carried out on a panel of 23 up to 27 household-specific inflation rates per country for 15 … cross-country differences in inflation inequality with respect to the number of driving forces in the panel. In particular …

To which extent do equity and housing hedge against inflation? Despite the extensive literature, there is only little …, housing at least partially hedges against inflation. The nominal return–inflation relation is higher in the post-war period … hedge within 1 year in the entire period, and the returns tend to decrease with inflation in the post-war period. The hedge …

overestimated actual inflation. The goal of this paper is to study whether misperceptions of this kind may have real effects, that …

In this paper we explore the link between the intensity of product market competition and inflation rates across EU … countries and sectors. We consider long-term averages of inflation rates in order to remove the cyclical behavior of inflation … product market competition, as proxied by the level of mark-up in particular, is an important driver of inflation …

This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD … countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity … of market competition. This study shows that inflation decreases with greater market competitiveness even after …

Monetary search theory implies that the real effects of inflation via its impact on price dispersion depend on the … level of search costs and, thus, on the level of market integration. For less integrated markets, the inflation …-price dispersion nexus is predicted to be asymmetrically V-shaped which results in an optimal inflation rate above zero. For highly …

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …