Showing 1 - 10 of 81
Persistent link: https://www.econbiz.de/10005406608
Persistent link: https://www.econbiz.de/10005062878
Persistent link: https://www.econbiz.de/10005243438
Persistent link: https://www.econbiz.de/10005243448
Persistent link: https://www.econbiz.de/10005243455
Persistent link: https://www.econbiz.de/10005062820
Persistent link: https://www.econbiz.de/10005607314
We assess the evolution of real exchange rate misalignments within the euro area from a Fundamental Equilibrium Exchange Rate (FEER) approach. We test the robustness of the results by comparing three different estimations of the output gap. Whatever the output gap assumption, Southern countries...
Persistent link: https://www.econbiz.de/10010827753
Persistent link: https://www.econbiz.de/10005607369
Relying on the backward-looking Phillips curve; we estimate the level of inflation that erodes price rigidity and … varying threshold inflation levels. Studying six advanced countries over the 1970-2012 period; our results show that both the … slope of the Phillips curve and the threshold; trend inflation that erodes price rigidity are time varying. These …
Persistent link: https://www.econbiz.de/10010610334