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Since most macroeconomic data are revised after the initial release both researchers and policy-makers have no choice rather than recognising and understanding the revisions. This paper analyses revisions to the fiscal data in the euro area, also by contrasting them with the 'better-understood'...
Persistent link: https://www.econbiz.de/10013368006
find that value added tax (VAT) rate changes and public wage growth are statistically significant determinants of inflation …
Persistent link: https://www.econbiz.de/10014374457