Ca'Zorzi, Michele (contributor); Hahn, Elke (contributor); … - 2007
applied by Hahn (2003) to the
euro area. We estimate vector autoregressive models, which include in the baseline case as … purposes, we also estimate comparable models for a benchmark of developed
economies, namely the euro area, the United States …, for consumer prices, in Japan. In line with previous studies
ERPT is found to be somewhat higher in the euro area than in …