We examine the indicator property of the monetary indicator for inflation. Using a P*-model, Svensson (2000) shows …Der Artikel untersucht die Indikatoreigenschaften der Geldmenge für die Inflation. Unter Verwendung eines P …

We examine the indicator property of the monetary indicator for inflation. Using a P*-model, Svensson shows …

This paper addresses the relative importance of monetary indicators for forecasting inflation in the euro area in a … estimation of inclusion probabilities of a particular variable, that is the probability of that variable being in the forecast … empirical question whether the group of monetary variables is relevant for forecasting euro area inflation. In our application …