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  1. Having fiscal space and using it
    Published: 2015
    Publisher:  The World Bank, Washington, D.C

    Global growth again disappointed in 2014 but a lackluster recovery is underway, with increasingly divergent prospects in major economies. Looking ahead, growth is expected to rise slowly, supported by continued recovery in high-income countries and... more

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    Global growth again disappointed in 2014 but a lackluster recovery is underway, with increasingly divergent prospects in major economies. Looking ahead, growth is expected to rise slowly, supported by continued recovery in high-income countries and receding domestic headwinds in developing economies. Weak global trade growth and lower commodity prices are projected to persist while financial conditions will likely tighten gradually. Risks to the outlook are still tilted to the downside. The stability of remittances may help some of the lowest-income countries weather shocks. In some developing economies, monetary policy challenges may be attenuated if falling commodity prices reduce inflationary pressures. Fiscal stimulus could effectively support growth if there is sufficient fiscal space. Some developing countries, however, have to rebuild fiscal space to preserve their ability to implement countercyclical fiscal policy, which has served them well over the decade. Both high-income and developing countries need to undertake structural reforms that promote growth and job creation and help achieve poverty reduction goals. The Global Economic Prospects is a World Bank Group Flagship Report. On a twice yearly basis (January and June), it examines global economic developments and prospects, with a special focus on developing countries. The report includes analysis of topical policy challenges faced by developing countries through extensive research in the January edition and shorter pieces in the June edition

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781464804441
    Series: Global economic prospects ; January 2015
    A World Bank Group flagship report
    Subjects: capital inflows; consumption; developing countries; fiscal policy; forecasts; global trade; growth; inflation; macroeconomic outlook; macroeconomics; oil prices; outlook; unemployment
    Scope: 1 Online Ressource (216 Seiten)
  2. The Brazilian connection in Milton Friedman's 1967 presidential address and 1976 Nobel lecture
    Published: 2018
    Publisher:  Center for the History of Political Economy at Duke University, [Durham, NC]

    The paper investigates the role played by Friedman’s interpretation of the Brazilian inflation in his 1967 formulation of the natural rate hypothesis and in his 1976 discussion of indexation and other institutional arrangements in the face of chronic... more

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    The paper investigates the role played by Friedman’s interpretation of the Brazilian inflation in his 1967 formulation of the natural rate hypothesis and in his 1976 discussion of indexation and other institutional arrangements in the face of chronic inflation. It is argued that, as an empirical economist and in the absence of evidence from industrialized countries, Friedman found in the Brazilian 1964-66 stabilization episode significant support for his argument about inflation acceleration and a shifting Phillips curve. Friedman’s interest in the Brazilian inflationary economy prompted him to visit the country in 1973. The context and implications of Friedman’s Brazilian travel are also tackled in the paper.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/181762
    Edition: Third version, 30 July 2018
    Series: CHOPE working paper ; no. 2018, 11 (July 2018)
    Subjects: Friedman; Brazil; inflation; Phillips curve; expectations
    Scope: 1 Online-Ressource (circa 26 Seiten)
  3. Shifting priorities, building for the future
    Published: June 2014
    Publisher:  The World Bank, Washington, DC

    The global economy got off to a bumpy start this year, but growth in 2015 and 2016 looks to be broadly on track. Projections for developing countries in 2014 have been down downgraded by 0.5 percentage points to 4.8 percent mainly reflecting weak... more

    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
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    The global economy got off to a bumpy start this year, but growth in 2015 and 2016 looks to be broadly on track. Projections for developing countries in 2014 have been down downgraded by 0.5 percentage points to 4.8 percent mainly reflecting weak first quarter growth in the US due to weather and the conflict in Ukraine. Going forward growth is projected to firm to 5.3 and 5.5 percent in 2015 and 2016 supported by easy global financial conditions and rebounding exports as high-income countries continue to recover under the influence of a reduced drag from fiscal consolidation and improving labor markets. Financial conditions will eventually tighten, and when they do there is risk of further volatility. Most developing countries are in good fiscal and financial shape, but where vulnerabilities remain countries need to tighten policy to reduce the potential impact of external shocks. Overall, growth for developing countries will be solid but not strong enough to generate the income and employment gains needed to eliminate poverty by 2013. As a result, countries need to focus on structural reform in order to lift growth in and enduring and sustainable manner

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781464803871
    Other identifier:
    hdl: 10986/12102
    Series: Global economic prospects ; volume 9 (June 2014)
    A World Bank Group flagship report
    Subjects: capital inflows; developing countries; forecast; growth; high-income countries; inflation; macroeconomics; monetary easing; outlook; unemployment
    Scope: 1 Online-Ressource (circa 144 Seiten), Illustrationen
  4. Inflation and the skewness of the distribution of relative price changes: empirical evidence for Germany
  5. MAPI: Model for Analysis and Projection of Inflation in France
    Published: [2017]
    Publisher:  Banque de France, [Paris]

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Banque de France ; 637 (August 2017)
    Subjects: forecasting; inflation; time-series
    Scope: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  6. Shifting priorities, building for the future
    Published: June 2014
    Publisher:  The World Bank, Washington, DC

    The global economy got off to a bumpy start this year, but growth in 2015 and 2016 looks to be broadly on track. Projections for developing countries in 2014 have been down downgraded by 0.5 percentage points to 4.8 percent mainly reflecting weak... more

    Orient-Institut Beirut
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    The global economy got off to a bumpy start this year, but growth in 2015 and 2016 looks to be broadly on track. Projections for developing countries in 2014 have been down downgraded by 0.5 percentage points to 4.8 percent mainly reflecting weak first quarter growth in the US due to weather and the conflict in Ukraine. Going forward growth is projected to firm to 5.3 and 5.5 percent in 2015 and 2016 supported by easy global financial conditions and rebounding exports as high-income countries continue to recover under the influence of a reduced drag from fiscal consolidation and improving labor markets. Financial conditions will eventually tighten, and when they do there is risk of further volatility. Most developing countries are in good fiscal and financial shape, but where vulnerabilities remain countries need to tighten policy to reduce the potential impact of external shocks. Overall, growth for developing countries will be solid but not strong enough to generate the income and employment gains needed to eliminate poverty by 2013. As a result, countries need to focus on structural reform in order to lift growth in and enduring and sustainable manner

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781464803871
    Other identifier:
    hdl: 10986/12102
    Series: Global economic prospects ; volume 9 (June 2014)
    A World Bank Group flagship report
    Subjects: capital inflows; developing countries; forecast; growth; high-income countries; inflation; macroeconomics; monetary easing; outlook; unemployment
    Scope: 1 Online-Ressource (circa 144 Seiten), Illustrationen
  7. Bailey's measure of the welfare costs of inflation as a general-equilibrium measure
    Published: dezembro de 2017
    Publisher:  Escola de Pós-Graduação em Economia da Fundação Getulio Vargas, Rio de Janeiro

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 351 (790)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10438/19310
    Series: Ensaios econômicos ; no 790
    Subjects: inflation; welfare; partial equilibrium; general equilibrium; Bailey
    Scope: 1 Online-Ressource (circa 11 Seiten)
  8. Why is there so much inertia in inflation and output?
    a behavioral explanation
    Author: Ji, Yuemei
    Published: 2018
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich

    Serial correlation in macroeconomics is pervasive. Macroeconomic modellers find it impossible to model this feature without relying on serially correlated shocks. Using a behavioral macroeconomic model, I show that serial correlation in inflation and... more

    Staats- und Universitätsbibliothek Bremen
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    DS 63 (7181)
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    Serial correlation in macroeconomics is pervasive. Macroeconomic modellers find it impossible to model this feature without relying on serially correlated shocks. Using a behavioral macroeconomic model, I show that serial correlation in inflation and output can easily be explained in the context that agents do not have rational expectation. This important feature is missing in the standard New Keynesian rational expectations models. The rational expectation models need serially correlated exogenous shocks to account for the high serial correlation in inflation and output while the behavioral model produces serial correlation in these variables endogenously. I also show that inertia in the beliefs about the future is a strong force in producing the serial correlation in inflation and output.

     

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    hdl: 10419/185379
    Series: Array ; no. 7181
    Subjects: behavioral macroeconomics; serial correlation; inflation; output gap; inertia in belief; endogenous business cycle
    Scope: 1 Online-Ressource (circa 22 Seiten), Illustrationen
  9. The Brazilian connection in Milton Friedman's 1967 presidential address and 1976 Nobel lecture
    Published: 2018
    Publisher:  Center for the History of Political Economy at Duke University, [Durham, NC]

    The paper investigates the role played by Friedman’s interpretation of the Brazilian inflation in his 1967 formulation of the natural rate hypothesis and in his 1976 discussion of indexation and other institutional arrangements in the face of chronic... more

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    DS 554 (2018,11)
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    The paper investigates the role played by Friedman’s interpretation of the Brazilian inflation in his 1967 formulation of the natural rate hypothesis and in his 1976 discussion of indexation and other institutional arrangements in the face of chronic inflation. It is argued that, as an empirical economist and in the absence of evidence from industrialized countries, Friedman found in the Brazilian 1964-66 stabilization episode significant support for his argument about inflation acceleration and a shifting Phillips curve. Friedman’s interest in the Brazilian inflationary economy prompted him to visit the country in 1973. The context and implications of Friedman’s Brazilian travel are also tackled in the paper.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/181762
    Edition: Third version, 30 July 2018
    Series: CHOPE working paper ; no. 2018, 11 (July 2018)
    Subjects: Friedman; Brazil; inflation; Phillips curve; expectations
    Scope: 1 Online-Ressource (circa 26 Seiten)
  10. The link between labor cost and price inflation in the euro area
    Published: [2019]
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    This paper documents, for the first time in a systematic manner, the link between labor cost and price inflation in the euro area. Using country and sector quarterly data over the period 1985Q1-2018Q1 we find a strong link between labor cost and... more

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    This paper documents, for the first time in a systematic manner, the link between labor cost and price inflation in the euro area. Using country and sector quarterly data over the period 1985Q1-2018Q1 we find a strong link between labor cost and price inflation in the four major economies of the euro area and across the three main sectors. The dynamic interaction between prices and wages is time-varying and depends on the state of the economy and on the shocks hitting the economy. Our results show that it is more likely that labor costs are passed on to price inflation with demand shocks than with supply shocks. However, the pass-through is systematically lower in periods of low inflation as compared to periods of high inflation. These results confirm that, under circumstances of predominantly demand shocks, labor cost increases will be passed on to prices. Coming from a period of low inflation, however, this pass-through could be moderate at least until inflation stably reaches a sustained path.

     

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    Source: Union catalogues
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    ISBN: 9789289934978
    Other identifier:
    hdl: 10419/208269
    Series: Working paper series / European Central Bank ; no 2235 (February 2019)
    Subjects: Inflation; pass-through; labor costs; structural VAR; euro area; euro area; wage cost; inflation; econometrics; price index
    Scope: 1 Online-Ressource (circa 66 Seiten), Illustrationen
  11. How will the interaction of wages and prices play out in the last mile of disinflation?
    Published: July 2024
    Publisher:  American Enterprise Institute, [Washington, DC]

    This note develops an econometric model of inflation dynamics to assess recent developments. We find that most of the rapid decline in price pressures achieved in 2023 owes to the normalization of supply chains. With supply-chain disruptions now... more

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    This note develops an econometric model of inflation dynamics to assess recent developments. We find that most of the rapid decline in price pressures achieved in 2023 owes to the normalization of supply chains. With supply-chain disruptions now largely resolved, future progress toward disinflation will be more difficult and will likely depend on the interplay between wages and prices. A consideration that could loom large is the shortfall in wage gains relative to their pre-pandemic trend, leading to a "wage gap" or, equivalently, a rise in firm markups over cost. Using our model, we explore different ways in which the wage gap may evolve going forward and trace out the implications of these alternative scenarios for the Fed's monetary policy. If high markups unleash important competitive pressures across firms, then inflation and thus interest rates could come down quickly. If, however, markups have a limited influence on price setting, the disinflation process could be more prolonged, as would the normalization of monetary policy. Finally, if wage gains remain elevated-perhaps motivated by attempts by workers to recover previous shortfalls in earnings-inflation and interest rates could stay high for a considerable period. Unfortunately, it isn't clear based on the econometrics or recent experience which outcome is most likely.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/300512
    Series: AEI economics working paper ; 2024, 13 (July 2024)
    Subjects: inflation; Monetary policy; prices; wages
    Scope: 1 Online-Ressource (circa 18 Seiten), Illustrationen
  12. Asset price shocks and inflation in the Finnish economy
    Published: 19.06.2024
    Publisher:  Bank of Finland, Helsinki

    This study aims to explore the extent to which changes in wealth contributes to inflation utilizing a highly flexible non-Gaussian SVAR framework which minimizes the risk of distributional misspecification. We employ narrative sign restrictions to... more

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    This study aims to explore the extent to which changes in wealth contributes to inflation utilizing a highly flexible non-Gaussian SVAR framework which minimizes the risk of distributional misspecification. We employ narrative sign restrictions to label the asset price shock and leverage the property of the Bayesian approach to compute the posterior probability of each shock satisfying these proposed restrictions. The structural shock associated with wealth has a positive impact on private consumption and GDP. The asset price shock is also positively related on consumer prices. Therefore, variations in wealth appear to stimulate the real economy.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/300078
    Series: BoF economics review ; 2024, 6
    Subjects: Asset price shocks; wealth effect; inflation; structural vector autoregression; non-Gaussianity
    Scope: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  13. Price level dynamics, wages and distribution
    Published: June 2024
    Publisher:  Berlin School of Economics and Law, Institute for International Political Economy Berlin, Berlin

    Inflationary processes are closely linked to wage-price spirals - such spirals can be triggered by many factors, including natural resource price shocks, depreciation and inflationary demand. Empirically, the correlation between changes in nominal... more

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    Inflationary processes are closely linked to wage-price spirals - such spirals can be triggered by many factors, including natural resource price shocks, depreciation and inflationary demand. Empirically, the correlation between changes in nominal unit labour costs and the price level is strong for almost all OECD countries, at levels above 0.8. The clear policy conclusion is to make wages and the nominal exchange rate anchors for the price level, which implies that nominal wages should increase according to trends in productivity and the target inflation rate of the central bank. Wage developments without structural changes in the medium term have limited effects on functional income distribution on a macroeconomic level. The structural factors in question include the existence and spread of markets with monopolies, oligopolies and monopsonies as well as corporate governance systems and the power of trade unions to influence profit sharing in companies with rent.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/300570
    Series: Working paper / Institute for International Political Economy Berlin ; no. 234 (2024)
    Subjects: Wage-price spiral; inflation; functional distribution
    Scope: 1 Online-Ressource (circa 16 Seiten)
  14. Debt sustainability monitor / European Commission, Economic and Financial Affairs
    2023
    Published: 2024
    Publisher:  Publication Office of the European Union, Luxembourg

    The EU economy appears set for a delayed rebound in growth amid faster easing of inflation. After subdued growth in 2023, the EU economy has entered 2024 on a weaker footing than previously expected. Already towards the end of 2022, the economic... more

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    VS 338
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    The EU economy appears set for a delayed rebound in growth amid faster easing of inflation. After subdued growth in 2023, the EU economy has entered 2024 on a weaker footing than previously expected. Already towards the end of 2022, the economic expansion came to an abrupt end and activity has since been broadly stagnating, against the background of falling household purchasing power, collapsing external demand, forceful monetary tightening and the partial withdrawal of fiscal support in 2023. Economic activity is expected to gradually accelerate in 2024. Headline inflation has declined faster than expected in 2023, largely driven by falling energy prices. As inflation has declined, real wage growth and a resilient labour market should support a pick-up in consumption. Despite falling profit margins, investment should benefit from a gradual easing of credit conditions and the continued implementation of the Recovery and Resilience Facility. According to the Commission's 2024 winter forecast, the EU economy is expected to grow by 0.5% in 2023, 0.9% in 2024 and 1.7% in 2025. In the EU, the Harmonised Index of Consumer Prices (HICP) inflation is projected to fall from 6.3% in 2023 to 3.0% in 2024 and 2.5% in 2025.

     

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    ISBN: 9789268042465
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    Parent title: Debt sustainability monitor / European Commission, Economic and Financial Affairs - Show all bands
    Series: Array ; 271 (March 2024)
    Subjects: sustainable development; sustainable finance; public finance; European Union; financial risk; tax system; inflation; economic policy; ship's passport; community resilience; economic forecasting; report
    Scope: 1 Online-Ressource (circa 298 Seiten)
  15. Quarterly report on the euro area
    volume 22, no 4 (2023)
    Published: 2024
    Publisher:  Publications Office of the European Union, Luxembourg

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    VS 338
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    Media type: Ebook
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    ISBN: 9789268042458
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    Parent title: Quarterly report on the euro area - Show all bands
    Series: Array ; 270 (February 2024)
    Subjects: inflation; euro area; euro; Economic and Monetary Union; activity report
    Scope: 1 Online-Ressource (circa 62 Seiten)
  16. Alert mechanism report 2024
    Published: 2023
    Publisher:  Publications Office of the European Union, Luxembourg

    The Alert Mechanism Report (AMR) identifies Member States that the Commission considers may be affected by, or may be at risk of being affected by, imbalances, based on an economic reading of the Macroeconomic Imbalance Procedure scoreboard°( 1 ).... more

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    The Alert Mechanism Report (AMR) identifies Member States that the Commission considers may be affected by, or may be at risk of being affected by, imbalances, based on an economic reading of the Macroeconomic Imbalance Procedure scoreboard°( 1 ). The reading considers the outturn data for 2022, which are interpreted in a forward-looking manner, taking into account the development of possible risks based on 2023 in-year economic developments and longer-term forecasts from the Commission 2023 autumn forecast, where relevant. This paper contains the analysis included in the Commission staff working document as well as the content of the accompanying Commission Communication, which together make up the Alert Mechanism Report 2024°(2 ).

     

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    ISBN: 9789268042366
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    Series: Array ; 261 (December 2023)
    Subjects: macroeconomics; economic disparity; economic growth; economic statistics; national accounts; inflation; economic indicator; economic forecasting; EU Member State; report
    Scope: 1 Online-Ressource (circa 156 Seiten)
  17. Quarterly report on the euro area
    volume 22, no 3 (2023)
    Published: 2023
    Publisher:  Publications Office of the European Union, Luxembourg

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    VS 338
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    ISBN: 9789268042427
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    Parent title: Quarterly report on the euro area - Show all bands
    Series: Array ; 267 (December 2023)
    Subjects: inflation; euro area; euro; Economic and Monetary Union; activity report
    Scope: 1 Online-Ressource (circa 58 Seiten)
  18. ... euro area report
    2024
    Published: 2023
    Publisher:  Publications Office of the European Union, Luxembourg

    After a continued rebound in 2022, the euro-area economy witnessed a strong deceleration this year. In 2022, the growth boost resulting from the post-COVID reopening of the economy, together with policy support, led to a solid 3.4% economic... more

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    VS 338
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    After a continued rebound in 2022, the euro-area economy witnessed a strong deceleration this year. In 2022, the growth boost resulting from the post-COVID reopening of the economy, together with policy support, led to a solid 3.4% economic expansion. Despite the rapid rise in energy prices in the winter of 2022, the euro area avoided a recession. The robust labour market has been and remains a key element of macroeconomic resilience and supportive of aggregate demand. Still, high consumer prices and tightening financing conditions have resulted in a loss of growth momentum over the course of 2023. For 2023, GDP for the euro area is expected to grow by 0.6%, with some Member States recording negative growth for the year as a whole.

     

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    ISBN: 9789268042342
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    Parent title: ... euro area report - Show all bands
    Series: Array ; 259 (November 2023)
    Subjects: euro area; macroeconomics; inflation; price of energy; monetary policy; labour market; financial risk; fiscal policy; euro; Economic and Monetary Union; financial stability; competitiveness; activity report
    Scope: 1 Online-Ressource (circa 52 Seiten)
  19. The rockets and feathers of inflation attention
    Published: [2024]
    Publisher:  Global Labor Organization (GLO), Essen

    Prior research has documented that attention to inflation shifts when inflation surpasses a 3-4% threshold. In this note we examine how attention to inflation declines in episodes of disinflation. We show that for countries where inflation has... more

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    Prior research has documented that attention to inflation shifts when inflation surpasses a 3-4% threshold. In this note we examine how attention to inflation declines in episodes of disinflation. We show that for countries where inflation has returned to "normal" (pre-threshold) levels, attention remains 2-3 times higher than it was before the run-up of inflation. We show evidence that wage growth is more strongly correlated with past inflation when attention is high. This is one possible mechanism behind the slower-than-expected disinflation in late 2023 and early 2024.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/300348
    Series: GLO discussion paper ; no. 1463
    Subjects: inflation; attention; persistence; threshold
    Scope: 1 Online-Ressource (circa 20 Seiten), Illustrationen
  20. Market power and profit margins in the Euro area countries in the post-pandemic period
    Published: June 2024
    Publisher:  Bank of Greece, Athens

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    VS 501
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    Source: Union catalogues
    Language: English
    Media type: Book
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    Series: Working paper / Bank of Greece ; 330
    Subjects: profit margins; inflation; market structure; monetary policy; panel data estimations
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  21. Optimal monetary policy in a two-sector environmental DSGE model
    Published: August 2024
    Publisher:  Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, Halle (Saale), Germany

    In this paper, we discuss how environmental damage and emission reduction policies affect the conduct of monetary policy in a two-sector (clean and dirty) dynamic stochastic general equilibrium model. In particular, we examine the optimal response of... more

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    In this paper, we discuss how environmental damage and emission reduction policies affect the conduct of monetary policy in a two-sector (clean and dirty) dynamic stochastic general equilibrium model. In particular, we examine the optimal response of the interest rate to changes in sectoral inflation due to standard supply shocks, conditional on a given environmental policy. We then compare the performance of a nonstandard monetary rule with sectoral inflation targets to that of a standard Taylor rule. Our main results are as follows: first, the optimal monetary policy is affected by the existence of environmental policy (carbon taxation), as this introduces a distortion in the relative price level between the clean and dirty sectors. Second, compared with a standard Taylor rule targeting aggregate inflation, a monetary policy rule with asymmetric responses to sector-specific inflation allows for reduced volatility in the inflation gap, output gap, and emissions. Third, a nonstandard monetary policy rule allows for a higher level of welfare, so the two goals of welfare maximization and emission minimization can be aligned.

     

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    Language: English
    Media type: Book
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    Other identifier:
    hdl: 10419/301153
    Series: IWH discussion papers ; 2024, no. 18 (August 2024)
    Subjects: climate change; environmental policy; inflation; macroeconomic stabilization; monetary policy
    Scope: 1 Online-Ressource (III, 45 Seiten, 1,45 MB), Diagramme
    Notes:

    Literaturverzeichnis: Seite 30-33

  22. What caused the post-pandemic inflation in Italy?
    an application of Bernanke and Blanchard (2023)
    Published: [2024]
    Publisher:  Banca d'Italia, [Rom]

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    Language: English
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    Series: Questioni di economia e finanza / Banca d'Italia ; number 851 (June 2024)
    Subjects: inflation; wages; inflation expectations; energy; COVID-19
    Scope: 1 Online-Ressource (circa 22 Seiten), Illustrationen
  23. In-depth review 2024
    The Netherlands
    Published: 2024
    Publisher:  Publications Office of the European Union, Luxembourg

    This in-depth review (IDR) analyses the evolution of the Netherland's vulnerabilities related to high private debt levels and a large current account surplus, which has crossborder relevance, and possibly newly emerging risks. This year's IDR, which... more

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    VS 338
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    This in-depth review (IDR) analyses the evolution of the Netherland's vulnerabilities related to high private debt levels and a large current account surplus, which has crossborder relevance, and possibly newly emerging risks. This year's IDR, which follows the 2024 Alert Mechanism Report (AMR) published in November 2023, assesses the persistence or unwinding of the vulnerabilities identified last year, potential emerging risks, and relevant policy progress and policy options that could be considered for the future. Given the size of the Dutch economy and its interlinkages with the other EU Member States, these vulnerabilities have a cross-border relevance.

     

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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789268137758
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    Series: Array ; 274 (March 2024)
    Subjects: economic forecasting; macroeconomics; euro area; loan; financial stability; financial supervision; household consumption; gross domestic product; inflation; labour market; EU Member State; Netherlands; report
    Scope: 1 Online-Ressource (circa 32 Seiten)
  24. In-depth review 2024
    Romania
    Published: 2024
    Publisher:  Publications Office of the European Union, Luxembourg

    This in-depth review (IDR) analyses the evolution of Romania's vulnerabilities related to large government and external deficits, and possibly newly emerging risks. This year's IDR, which follows the 2024 Alert Mechanism Report (AMR)published in... more

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 338
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    This in-depth review (IDR) analyses the evolution of Romania's vulnerabilities related to large government and external deficits, and possibly newly emerging risks. This year's IDR, which follows the 2024 Alert Mechanism Report (AMR)published in November 2023, assesses the persistence or unwinding of the vulnerabilities identified last year, potential emerging risks, and relevant policy progress and policy options that could be considered for the future.

     

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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789268137765
    Other identifier:
    Series: Array ; 275 (March 2024)
    Subjects: macroeconomics; euro area; loan; financial stability; financial supervision; household consumption; gross domestic product; inflation; labour market; wage cost; tax system; economic forecasting; Romania; report
    Scope: 1 Online-Ressource (circa 32 Seiten)
  25. In-depth review 2024
    Sweden
    Published: 2024
    Publisher:  Publications Office of the European Union, Luxembourg

    This in-depth review (IDR) analyses the evolution of Sweden's vulnerabilities related to the real estate market and high private debt and - possibly - newly emerging risks. This year's IDR, which follows the 2024 Alert Mechanism Report (AMR)... more

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 338
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    This in-depth review (IDR) analyses the evolution of Sweden's vulnerabilities related to the real estate market and high private debt and - possibly - newly emerging risks. This year's IDR, which follows the 2024 Alert Mechanism Report (AMR) published in November 2023, assesses the persistence or unwinding of the vulnerabilities identified last year, potential emerging risks, and relevant policy progress and policy options that could be considered for the future. Sweden's economy contracted in 2023 due to rising interest rates and high inflation and is set to broadly stabilise in 2024. High inflation and the subsequent monetary policy tightening, combined with the prevalence of variable interest rates and high household debt, pushed down household consumption and housing construction. Housing construction in the rental sector also suffered from the stricter financial conditions for commercial real estate (CRE) companies. Overall investment is estimated to have decreased by 1.2% in 2023, driven by a decline in housing construction.

     

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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789268137789
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    Series: Array ; 277 (March 2024)
    Subjects: macroeconomics; euro area; loan; financial stability; financial supervision; household consumption; gross domestic product; inflation; energy policy; economic forecasting; Sweden; report
    Scope: 1 Online-Ressource (circa 26 Seiten)