We document the importance of import prices and domestic profits as a counterpart to the
recent increase in euro area inflation. Through a novel consumption deflator decomposition …

The recent food price inflation has sparked lively debates globally in media accounts, policy
circles, and academics. A large body of literature has emerged across several fields of …

This paper compares the COVID-19 recession in the euro area (EA) and the US using an
estimated multi-region New Keynesian macroeconomic model. To capture quarterly …

This paper builds a structural econometric model to measure the impact on inflation of three
shocks: a shock of disequilibrium in the energy markets, a money growth shock, and a …

Countries all over the world experienced exceptional inflation rates since 2021 as a
consequence of global supply chain disruptions, a post-Covid-19 demand shock, and rising …

The macroeconomic consequences of energy shocks, their distributional effects, and the
potential remedies have recently scaled up the EU policy agenda. In this paper, we employ …

We set-up a two-sector New Keynesian model with input-output linkages to study the
persistently high inflation during the post-COVID-19 period. We include multiple shocks as …

In this work, we develop a macroeconomic agent-based model to study the role of demand
and supplyfactors in the determination of inflation dynamics. The model is characterized by …

This chapter considers the distributional effects of the current high level of inflation, focusing
primarily on European countries. The first part of the chapter examines recently published …

Le département de recherche Innovation et Concurrence de l'OFCE a, avec récurrence,
produit des analyses sur le tissu productif français. En 2010, le" Repères" sur l'industrie …