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tax incidence and the contribution of indirect taxes to inflation. The empirical investigation, based on simple log linear … producers. Based on these findings it is shown that the least contribution of indirect taxes to the general inflation index … category into the “basket” of HICP. The empirical investigation showed that the contribution of indirect taxes to the inflation …
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consumption via managing inflation expectations based on the Euler equation. Unconventional fiscal policy uses trivial … announcements of future consumer-price increases to boost inflation expectations and consumption expenditure on impact. Instead … inflation expectations and spending today. We find households' inflation expectations and readiness to spend react substantially …
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