The paper adds money supply and inflation expectations shocks to a well-known three-variable structural model that … supply and to inflation expectations significantly increase real oil prices; with the unadjusted M1 aggregate there is no … role played by inflation expectations and the money supply shocks during major oil shock episodes. These shocks partially …

The paper adds money supply and inflation expectations shocks to a well-known three-variable structural model that … supply and to inflation expectations significantly increase real oil prices; with the unadjusted M1 aggregate there is no … role played by inflation expectations and the money supply shocks during major oil shock episodes. These shocks partially …

Since 2022, in almost every inflation category, a strong divergence in price dynamics among the EU countries has become … dynamics in individual inflation categories in EU countries. The second aim is to isolate those components of inflation that … relationship between energy prices and the differentiation in the price growth rate in certain inflation categories. In 2022, the …

In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to …. In addition, during the energy crisis 2022 inflation rates rose dramatically and real wages dropped more than in any …

In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to …. In addition, during the energy crisis 2022 inflation rates rose dramatically and real wages dropped more than in any …

In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to …. In addition, during the energy crisis 2022 inflation rates rose dramatically and real wages dropped more than in any …

Inflation persistence is sometimes defined as the tendency for price shocks to push the inflation rate away from its … steady state - including an inflation target - for a prolonged period. Persistence is important because it affects the output … costs of lowering inflation back to the target, often described as the “sacrifice ratio”. In this paper I use inflation …

variability over a prolonged period of time, against a background of high inflation. Convergence toward international relative and …