Energy price surges and inflation: Fiscal policy to the rescue?
C Glocker, P Wegmüller - Journal of International Money and Finance, 2024 - Elsevier
Motivated by the fiscal policy measures taken by euro zone governments during the
2021/2022 energy crisis, we examine their ability to counter inflationary surges resulting …
2021/2022 energy crisis, we examine their ability to counter inflationary surges resulting …
Do bitcoin and traditional financial assets act as an inflation hedge during stable and turbulent markets? Evidence from high cryptocurrency adoption countries
This study analyzes whether Bitcoin, gold, oil, and stock have the ability to hedge against
inflation in high cryptocurrency adoption countries in the periods from January 2010 to …
inflation in high cryptocurrency adoption countries in the periods from January 2010 to …
Long-run determinants of inflation differentials in a monetary union
F Altissimo, P Benigno, D Palenzuela - 2005 - nber.org
This paper analyzes the long-run determinants of inflation differentials in a monetary union.
First, we aim at establishing some stylized facts relating the regional dispersion in headline …
First, we aim at establishing some stylized facts relating the regional dispersion in headline …
Fiscal policy and regional inflation in a currency union
M Duarte, AL Wolman - Journal of international Economics, 2008 - Elsevier
Substantial attention has been devoted to inflation differentials within the European
Monetary Union, including suggestions that inflation differentials are a policy issue for …
Monetary Union, including suggestions that inflation differentials are a policy issue for …
Comovements and heterogeneity in the euro area analyzed in a non‐stationary dynamic factor model
S Eickmeier - Journal of Applied Econometrics, 2009 - Wiley Online Library
This paper establishes stylized facts on comovements and heterogeneity of individual euro
area countries' output and price developments in the past two decades. For this purpose, a …
area countries' output and price developments in the past two decades. For this purpose, a …
Nominal and real wage flexibility in EMU
A Arpaia, K Pichelmann - International Economics and Economic Policy, 2007 - Springer
Both common macroeconomic shocks and country-specific developments have subjected
the flexibility of wage setting mechanisms in the euro area to a stress test in recent years …
the flexibility of wage setting mechanisms in the euro area to a stress test in recent years …
Imperfect mobility of labor across sectors: a reappraisal of the Balassa–Samuelson effect
O Cardi, R Restout - Journal of International Economics, 2015 - Elsevier
This paper investigates the relative price and relative wage effects of a higher productivity in
the traded sector compared with the non traded sector in a two-sector open economy model …
the traded sector compared with the non traded sector in a two-sector open economy model …
How has the euro changed the monetary transmission mechanism?
On January 1, 1999, the euro officially became the common currency for 11 countries of
continental Europe, and a single monetary policy started under the authority of the European …
continental Europe, and a single monetary policy started under the authority of the European …
[PDF][PDF] The evolving inflation process: an overview
WR Melick, G Galati - 2006 - bis.org
This paper reviews analytical work carried out by central banks that participated in the
Autumn Meeting of Central Bank Economists on “The evolving inflation process” which the …
Autumn Meeting of Central Bank Economists on “The evolving inflation process” which the …
Who Supports the ECB? Evidence from Eurobarometer Survey Data
This paper studies the determinants of the support for the European Central Bank (ECB) in
the member countries of the European Monetary Union (EMU) and their evolution from 1999 …
the member countries of the European Monetary Union (EMU) and their evolution from 1999 …