Showing 1 - 10 of 25
the determination of inflation and output in the euro area and the existence of a non-vertical long-run Phillips curve …
Persistent link: https://www.econbiz.de/10009635901
Using euro-area data, we re-examine the empirical success of New Keynesian Phillips Curves (NKPCs). The nature of our re-evaluation relies on the actual empirical underpinnings of such estimates: we find existing estimates un-robust and u0096 given that key parameters are generally calibrated...
Persistent link: https://www.econbiz.de/10009635912
Monitoring and forecasting price developments in the euro area is essential in the light of the second pillar of the ECBu0092s monetary policy strategy. This study analyses whether the forecasting accuracy of forecasting aggregate euro area inflation can be improved by aggregating forecasts of...
Persistent link: https://www.econbiz.de/10009635954
Persistent link: https://www.econbiz.de/10009638701
This evaluation examined the support the European Commission’s DG for Development and International Cooperation (DEVCO) provided to Research and Innovation (R&I) in partner countries during the last EU budget period (2007-2013).
Persistent link: https://www.econbiz.de/10011624959
Regulation, with a focus on six countries (Argentina, Brazil, China, India, Mexico and the United States) where individual …
Persistent link: https://www.econbiz.de/10011799507
The objective of this study is to contribute to an ongoing background analysis, building on work already carried out within and outside of the European Commission with respect to engagement in the garment sector to support sustainability in the garment industry. The analysis will essentially...
Persistent link: https://www.econbiz.de/10011799518
This paper investigates the in inflationary effects of fscal policy in an optimizing general equilibrium monetary model with capital accumulation, exible prices and wealth effects. The model is calibrated to Euro Area quarterly data. Simulation results show that government defcits, high debt...
Persistent link: https://www.econbiz.de/10009635879
Price level targeting has been proposed as an alternative to inflation targeting that may confer benefits if a central … bank sets policy under discretion, even if societyu0092s loss function is specified in terms of inflation (instead of price …-of-thumb to form inflation expectations, or does not fully understand the nature of the target, price level targeting may in fact …
Persistent link: https://www.econbiz.de/10009635890