We give the full solution of the following problem: obtain sharp inequalities between the moduli of smoothness and for . A similar problem for the generalized -functionals and their realizations between the couples $(L_p, W_p^\psi)(L_q, W_q^\varphi)$ is also solved. The main tool is the new Hardy-Littlewood-Nikol’skii inequalities. More precisely, we obtained the asymptotic behavior of the quantity where the supremum is taken over all nontrivial trigonometric polynomials of degree at most and are the Weyl-type differentiation operators. We also prove the Ulyanov and Kolyada-type inequalities in the Hardy spaces. Finally, we apply the obtained estimates to derive new embedding theorems for the Lipschitz and Besov spaces.

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