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strong argument for a positive inflation buffer to “grease the wheels” of the euro area economy – also in order to avoid the …
Persistent link: https://www.econbiz.de/10013210848
This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area, based on research findings that have been produced in the context of the Inflation Persistence Network. The main findings are: i) Under the current monetary policy regime, the...
Persistent link: https://www.econbiz.de/10013318305