root of different inflation rates in Europe including the EU-27. Among others, we study the structural and cyclical factors … descriptive statistics. Subsequently, we set out the possible mismatches between price level convergence and inflation rates … factors on observed inflation rates first in an accounting framework and then by relying on panel estimations. Our estimation …

future inflation in Germany. Based on a multivariate term structure framework, a vector error forecasting equation for … inflation forecasts of up to two years is constructed. The results of the alternative error correction reveal that the level of … the shortterm interest rates conveys much more information on future inflation than the yield curve spreads. In particular …

root of different inflation rates in Europe including the EU-27. Among others, we study the structural and cyclical factors … descriptive statistics. Subsequently, we set out the possible mismatches between price level convergence and inflation rates … factors on observed inflation rates first in an accounting framework and then by relying on panel estimations. Our estimation …

future inflation in Germany. Based on a multivariate term structure framework, a vector error forecasting equation for … inflation forecasts of up to two years is constructed. The results of the alternative error correction reveal that the level of … the shortterm interest rates conveys much more information on future inflation than the yield curve spreads. In particular …