Inhalt der Seite
Assessing inflation through input-output analysis Spillovers DG-Ecfin
Client/Funding Institution
European Commission, DG Economic and Financial Affairs
Abstract
The strongly rising and rather persistent inflation rates over the last two years pose an important challenge to policy makers. To design appropriate policies to combat inflation requires a thorough understanding of the sources of inflation. The massive energy price shock which hit all Member States of the European Union to a different degree has led to unprecedented levels of inflation combined with or followed by an increase in value-added inflation in most EU Member States. Input-output tables and techniques allow to disentangle the direct impact of the shock from the impact of other factors, such as value-added inflation, on inflation.
Duration
March 2024 - March 2024
wiiw team Leader
wiiw Staff
Research Areas: Macroeconomic Analysis and Policy