Beck, Günter W.; Hubrich, Kirstin; Marcellino, Massimiliano - Center for Financial Studies - 2006
We investigate co-movements and heterogeneity in inflation dynamics of different regions within and across euro area … countries using a novel disaggregate dataset to improve the understanding of inflation differentials in the European Monetary … Union. We employ a model where regional inflation dynamics are explained by common euro area and country specific factors as …
