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Euro Area Inflation Differentials
This paper provides a comprehensive empirical analysis of the role of discretionary fiscal policy for inflation differentials across the 19 euro area countries over the period 1999-2019. The results confirm existing (older) literature that it is difficult to find robust evidence of the fiscal policy stance or impulse impacting directly on inflation differentials. We do find, however, support for an indirect effect of discretionary fiscal policy on inflation differentials working through the output gap channel. There is also some evidence that fiscal policy may be especially potent in influencing inflation differentials - with fiscal tightening cooling (and fiscal expansion increasing) inflation pressures - when the economy is above its potential. Finally, going from the overall fiscal stance or impulse to individual fiscal instruments, we find that value added tax (VAT) rate changes and public wage growth are statistically significant determinants of inflation differentials in our sample.
Teresa's Ebook 2014
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Love
These daily meditations of Mother Teresa have been arranged to coincide with the seasons of the liturgical year and have also been simultaneously arranged according to various themes of the spiritual life. "Love is a fruit in season at all times and within the reach of every hand. Anyone may gather it and no limit is set. Everyone can reach this love through meditation, prayer, sacrifice and an intense inner life." - Mother Teresa
Do Something Beautiful for God: The Essential Teachings of Mother Teresa 365 Daily Reflections
Do Something Beautiful for God is Mother Teresa's enduring invitation and challenge to the world. This is not an abstract invitation but a deeply personal and intimate one. There is so much happening in the world and so much happening within our own hearts, minds, and souls. All this makes it is easy to lose sight of what matters most and get absorbed in what matters least. Mother Teresa is an icon of goodness, one of the most beloved women in history. How did she become so much to so many people? Little by little. Small acts performed with great love. You become an icon of goodness by striving to be good and by consistently doing good. On these pages, you will find the essential teachings of Mother Teresa. They provide remarkable insight into the depths of her heart, mind, soul, and life. They will comfort you in your affliction and afflict you in your comfort. But most of all, in the midst of all this activity and noise of your life, you will hear Mother Teresa encouraging you by gently saying: Do something beautiful for God with your life!
The Joy in Loving
A year of daily inspiration from the renowned spiritual leader, Mother Teresa. The provocative ideas and touching insights found in The Joy in Loving spring from incidents in Mother Teresa's own remarkable life. She speaks of men and women who have lived and died uncomplainingly, even in the midst of great poverty and deprivation; of wealthy businessmen whose indifference has been transformed into compassion and charity, and of her encounters with people and governments around the globe. Through all of this, Mother Teresa emphasizes the need for a disciplined, loving family life, for "in the home begins the disruption of the peace of the world." Drawing on more than seventy years of selfless service to the poorest of the poor, she discusses the importance of work and prayer, charity and service, the right to life and, above all, the need to love--unconditionally and absolutely.
Love, Joy and Peace
This trilogy of some of Mother Teresa's best loved work includes The Love of Christ which has sold over 40,000 copies alone as well as Contemplative at the Heart of the World and her most recent work Suffering Into Joy.
Spread Love
Mother Teresa's heartfelt wisdom--collected here into an inspirational 365-day devotional--offers you comfort, peace, and love amid the noise, busyness, and confusion around you. Spread Love includes: 365 daily inspirational readings short and powerful meditations simple everyday prayers With so much happening in the world, are you looking for goodness and guidance? This year-long devotional contains a collection of encouraging quotes, stories, prayers, and teachings from the beloved Mother Teresa. Her daily guidance continues to reach the needs and circumstances of those who are thirsty for inspiration and spiritual nourishment in entries that are easy to understand and absorb. Let Mother Teresa's words of wisdom help you live a fuller and happier life, closer to the Lord and able to serve your community more effectively. Each of the 365 entries offers you the opportunity to begin any time of the year and find nourishment for a whole year.
