Apergēs, Nikolaos; Miller, Stephen M.; Panethimitakis, … - 2005
macroeconomic model for the European Union (EU). Within the EU
the European Central Bank (ECB) strategy followed is to focus on the … to inquire how EU’s economic
performance would have changed if various inflation targets had been adopted. Thus,
the … approach is to think through three hypothetical scenarios of inflation targeting by
the EU countries and use the thought …