principal components estimator, suited to estimate systems of fractionally cointegrated processes. The proposed core inflation … measure is the scaled common persistent factor in inflation and excess nominal money growth and bears the interpretation of … monetary inflation. The proposed measure is characterised by all the properties that an u0093idealu0094 core inflation process …

Equilibrium correction models of the price level are often used to model inflation. Such models assume that the long …

This paper offers an alternative explanation for the behavior of postwar US inflation by measuring a novel source of … end up generating a systematic inflation bias through the private sector expectations of a larger policy response in … recessions than in booms. Reduced-form estimates of US monetary policy rules indicate that while the inflation target declines …

’s field presence in Greece, this opinion is based to a great extent on FRA observations. These are complemented by desk …

migration in Greece. This Report presents, in detail, the legal provisions, policies adopted, measures taken and programmes … implemented during the year, as follows: In Section 1 there is an introductory description of migration and asylum in Greece for …