Showing 1 - 10 of 184
This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is … moderate; ii) Retail prices in the euro area are more sticky than in the US; iii) There is significant sectoral heterogeneity …
Persistent link: https://www.econbiz.de/10011622329
This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is … moderate; ii) Retail prices in the euro area are more sticky than in the US; iii) There is significant sectoral heterogeneity …
Persistent link: https://www.econbiz.de/10013318305
This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is … moderate; ii) Retail prices in the euro area are more sticky than in the US; iii) There is significant sectoral heterogeneity …
Persistent link: https://www.econbiz.de/10013137348
Persistent link: https://www.econbiz.de/10001674185
Persistent link: https://www.econbiz.de/10010464015
In this paper, we analyse the effects of objective and subjective knowledge about monetary policy, as well as the information search patterns, of German citizens on trust in the ECB. We rely on a unique representative public opinion survey of German households conducted in 2011. We find that...
Persistent link: https://www.econbiz.de/10010482584
Persistent link: https://www.econbiz.de/10001972038
Persistent link: https://www.econbiz.de/10001881179
In this paper, we analyse the effects of objective and subjective knowledge about monetary policy, as well as the information search patterns, of German citizens on trust in the ECB. We rely on a unique representative public opinion survey of German households conducted in 2011. We find that...
Persistent link: https://www.econbiz.de/10010196544
We estimate monetary policy reaction functions for the Bundesbank (1979:4-1998:12) and the European Central Bank (1999:1-2003:7). The Bundesbank regime can be characterised, both before and after German reunification, by an inflation weight of 1.2 and an output weight of 0.4. The estimates for...
Persistent link: https://www.econbiz.de/10014074064