The paper analyzes the convergence of inflation rates in the group of more developed members of the Eurozone (core … countries). What are the characteristics and is the inflation process in these countries sufficiently homogeneous? Are the … analysed inflation rates converging, so that there is an indication that these countries tend to form the optimal currency area …

In this paper we examine the impact of domestic and ERM-wide monetary conditions on national inflation rates in Belgium … matter for inflation in Germany. This points to the need for greater attention for the development of aggregate European …

, notwithstanding that inflation in some countries tends to converge towards the euro area level. Overall, inflation persistence has …

Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …

This paper investigates the international spillovers of government debt and the associated risk of inflation within a … inflation at the cost of the funded country. In response to these conflicting interests about inflation, inflation risk may rise … with the level of debt in the PAYG country. Higher inflation risk harms both countries. Actually, in contrast to the debt …

This paper investigates the international spillovers of government debt and the associated risk of inflation within a … inflation at the cost of the funded country. In response to these conflicting interests about inflation, inflation risk may rise … with the level of debt in the PAYG country. Higher inflation risk harms both countries. Actually, in contrast to the debt …

In this paper we report results on inflation persistence using 79 inflation series covering the EU countries, the euro … area and the US for five different inflation variables. The picture that emerges is one of moderate inflation persistence … across the board. In particular we find euro area inflation persistence to be broadly in line with US inflation persistence …

, notwithstanding that inflation in some countries tends to converge towards the euro area level. Overa11, inflation persistence has …

there is no shorter-term trade-off between fast real convergence and low inflation. Such a tradeoff characterises the … dynamic process moving the economy along the regression line. But the actual dynamics may run off that line. High inflation is …