Berger, Tino; Ochsner, Christian - 2024
The European Central Bank (ECB) strives to maintain inflation at a 2% target rate, yet the Euro area's diverse … synchronization between Germany, the largest Euro area economy, and the entire Euro area. Utilizing Bayesian estimation of the Holston … et al. (2017) model, we find robust synchronization between Germany's NRI and that of the entire Euro area, even amid …