Bilke, Laurent (contributor); Stracca, Livio (contributor) - 2008
We propose a new core inflation measure for the Euro area which places the emphasis on the more lasting, i …. Unlike headline inflation, our baseline core inflation measure is highly correlated with ECB monetary policy decisions, which …Working PaPer SerieS
no 905 / June 2008
a PerSiStence-Weighted
meaSure of core
inflation in
the euro area
by …