subsequent inflation when accounting for equilibrium velocity movements due to inflation regimes changes. These movements, driven … equilibrium velocity and interest rate movements biases cross-country and time series dynamic money growth / inflation estimated …

subsequent inflation when accounting for equilibrium velocity movements due to inflation regimes changes. These movements, driven … equilibrium velocity and interest rate movements biases cross-country and time series dynamic money growth / inflation estimated …

as a difference random utility model. The estimation uses data augmentation and both sampling schemes can be based on … illustrate the method, we estimate a two-pillar Phillips curve for the euro area, in which the inflation rate depends on the low …

exchange rate and the price level if a central bank implements an inflation target by means of a traditional Taylor rule. These …

part of the monetary policy transmission process. The analysis also sheds light on the recent change in inflation …

Are weekly inflation forecasts informative? Although several central banks review and discuss monetary policy issues on … a bi-weekly basis, there have been few attempts by analysts to construct systematic estimates of core inflation that … important information source in real-time estimation. We incorporate real-time information from macroeconomic releases and …

part of the monetary policy transmission process. The analysis also sheds light on the recent change in inflation …

Are weekly inflation forecasts informative? Although several central banks review and discuss monetary policy issues on … a bi-weekly basis, there have been few attempts by analysts to construct systematic estimates of core inflation that … important information source in real-time estimation. We incorporate real-time information from macroeconomic releases and …

onwards as an indicator variable. Since the new policy framework focusses on an inflation forecast, the question arises how … proposed by Gerlach (2004) for the euro area that integrates money growth in an inflation forecasting equation. This "two …-pillar" Phillips curve suggests that the low-frequency component of money growth, alongside current inflation and the output gap, helps …

onwards as an indicator variable. Since the new policy framework focusses on an inflation forecast, the question arises how … proposed by Gerlach (2004) for the euro area that integrates money growth in an inflation forecasting equation. This "two …-pillar" Phillips curve suggests that the low-frequency component of money growth, alongside current inflation and the output gap, helps …