Meller, Barbara; Nautz, Dieter - 2009
that inflation dynamics differed considerably across Euro area countries before the start of EMU. Since 1999, however … theoretical predictions, we find that the persistence of inflation has significantly decreased in the Euro area probably as a …
Persistence in the
Euro Area
Barbara Meller*
Dieter Nautz**
* Goethe-Universität Frankfurt, Germany
** Freie Universität …