Las previsiones de la inflación se calculan a partir del índice de precios al consumidor (IPC) o del índice armonizado de precios al consumidor (IAPC) para los países de la zona del euro, el conjunto
Organisation for Economic Co-operation and Development60
Eviews file containing the VIX, global financial cycle, and world industrial production series used in our baseline analysis. It also contains the monetary policy shocks estimates by Miranda-Agrippino
The paper discusses simple microfoundations for Liquidity Deflation (Calvo 2016, Chapter 2), which gives rise to liquidity trap under perfectly flexible prices/wages. Unlike Keynes (1936), this is a S
