aktuellen Preisentwicklungen bei einer Reihe von Lebensmitteln haben indes nur geringe Auswirkungen auf die Inflation, und auch …

aktuellen Preisentwicklungen bei einer Reihe von Lebensmitteln haben indes nur geringe Auswirkungen auf die Inflation, und auch …

After a long period of price stability, inflation returned to record levels in many parts of the world economy. This … and can explain roughly 75 percent of the inflation experience. Supply side shocks like bottlenecks in global value chains … account for the remaining 25 percent of the variance of inflation forecast errors. In the euro area, the shocks are balanced …

inflation pressure at the end of the sample. Excess liquidity models turnout to outperform the autoregressive benchmark, as they …

This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by … including the recent period of the financial crisis. Evidence is based on a cointegration analysis, where inflation and asset … inflation are identified. The results indicate that the equilibrium evolution of M3 is still in line with money demand. In the …

This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by … including the recent period of the financial crisis. Evidence is based on a cointegration analysis, where inflation and asset … inflation are identified. The results indicate that the equilibrium evolution of M3 is still in line with money demand. In the …

This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by … including the recent period of the financial crisis. Evidence is based on a cointegration analysis, where inflation and asset … inflation are identified. The results indicate that the equilibrium evolution of M3 is still in line with money demand. In the …

This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by … including the recent period of the financial crisis. Evidence is based on a cointegration analysis, where inflation and asset … inflation are identified. The results indicate that the equilibrium evolution of M3 is still in line with money demand. In the …

This paper examines the forecasting performance of a broad monetary aggregate (M3) in predicting euro area inflation … even in the period of the financial and economic crisis. Monetary indicators are useful to predict inflation at the longer … money and inflation, central banks should implement exit strategies from the current policy path, as soon as the financial …