Reimers, Hans-Eggert; Gerdesmeier, Dieter; Roffia, Barbara - In: Economies : open access journal 11 (2023) 11, pp. 1-15
-linear effects in the euro area. As a by-product, and seemingly the novel contribution, of this paper, the methods used allow for the … between inflation and real GDP. This study attempts to shed more light on the specific shape of this relationship for the euro … quantification of a switching point across the different regimes. It is found that this breakpoint closely matches the ECB's previous …