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of the economy such as the share of liquidity-constrained households change, and the endogenous fiscal rule that ensures …
Persistent link: https://www.econbiz.de/10011587761
This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area, based on research findings that have been produced in the context of the Inflation Persistence Network. The main findings are: i) Under the current monetary policy regime, the...
Persistent link: https://www.econbiz.de/10011622329