1 “...Over the past 25 years inflation has moderated considerably in all OECD economies. At the same time...”

2 “...Over the past 25 years inflation has moderated considerably in all OECD economies. At the same time...”

3 “...Labour market outcomes have improved markedly in the past years as the beneficial effects...”

4 “... of crude oil has been broadly stable for the past couple of years. This paper discusses the factors...”

5 “... improvements in the long-term balance of the definedbenefit pillar associated with past pension reforms...”

6 “...Past consolidation has allowed the automatic stabilisers to operate fully during the crisis...”

7 “... influence on inflation, but their influence is now weaker than in the past, and the usefulness of output gap...”

8 “...). The analysis shows that liberalisation of product markets has further slowed over the past five years. However...”

9 “... the recent crisis, on the back of robust foreign demand. The challenge is to consolidate the past success...”

10