This paper analyses the determinants of inflation differentials and price levels across the euro area countries …. Dynamic panel estimations for the period 1999-2006 show that inflation differentials are primarily determined by cyclical … positions and inflation persistence. The persistence in inflation differentials appears to be partly explained by administered …

regimes (high and low inflation). Using Bayesian techniques, we apply the model to the euro area, Germany, the US, the UK and …We develop a time-varying transition probabilities Markov Switching model in which inflation is characterised by two … switches between inflation regimes. Thus money growth provides an important early warning indicator for risks to price …

This paper studies euro changeover-related inflation using disaggregated price level data. The difference … segments. Changeover-related inflation was higher for products that were relatively cheaper than the euro area average …

trends. It finds that, all sample countries except Germany applied expansionary expenditure policies. This resulted in much …

This paper explores the behavior of profits in the four largest euro area countries (Germany, France, Italy and Spain …

This paper attempts to model the nominal and real exchange rate for Ireland, relative to Germany and the UK from 1975 … exchange rates are effectively modelled, and in the case of Ireland and Germany, Ppp is found to be valid not only in the long …