haku: @indexterm emu / yhteensä: 11
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| Tekijä: | Altissimo, F. (et al.) |
| Otsikko: | Sectoral and aggregate inflation dynamics in the euro area |
| Lehti: | Journal of the European Economic Association
2006 : MAY, VOL. 4:2-3, p. 585-593 |
| Asiasana: | emu inflation |
| Kieli: | eng |
| Tiivistelmä: | This article discusses and combines recent statistical evidence regarding inflation persistence in the euro area. The authord argue that the degree of inflation persistence is high for sample periods but faal dramatically once we allow for time variation in the mean level of inflation. Furthermore, the timing of these breaks in mean generally coincides with observed shifts in the monetary policy regime. The authors also discuss sectoral inflation. |
SCIMA