fixes, a reasonably durable regime. However, most of the new stability is due to countries that float with an inflation … target. Though a few have left to join the Eurozone, no country has yet abandoned an inflation targeting regime under duress …. Inflation targeting now represents a serious alternative to a hard exchange rate fix for small economies seeking monetary …

of this margin of adjustment for the response of inflation to shocks. Across a range of empirical exercises, we find …

networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more …

employment in peripheral Europe could be restored by raising the Euro-area annual rate of inflation to about 4 percent for the …

Central banks throughout the world predict inflation with new-Keynesian models where, after a shock, the unemployment …

U.S. retail food price increases in recent years may seem large in nominal terms, but after adjusting for inflation …

contracts and positive inflation. Workers with relatively low incomes experience envy, whereas those with relatively high … incomes experience guilt. The former seek to raise their income, and latter seek to reduce it. The greater the inflation rate …, a rise in the inflation rate leads workers to supply more labor over the contract period, generating a significant …

, and Belgium and Malta being the largest losers. Governments are net winners of inflation, while the household (HH) sector …, while HHs in Finland and Spain turn out to be net winners of inflation. Considerable heterogeneity exists also within the HH … sector: relatively young middle class HHs are net winners of inflation, while older and richer HHs are losers. As a result …

price developments (by M. Feldkircher, R. Martin and J. Wörz; pp. 1-7) Keywords inflation, mark-ups, competition …

Belarus, Russia and Ukraine as well as in China. For each country, it provides a forecast relating to GDP growth, inflation … output, construction, foreign trade and quarterly GDP figures confirm this development. The economic recovery in the 'old EU … instability. Finally, despite high GDP growth, structural distortions still characterize both Russia and Ukraine, whose economies …