ingredient to model. In fact, I found that the estimated premium is a very powerful predictor of inflation. It overcomes, in …

component explains much less of the variation in sectoral regional inflation rates and exhibits much less volatility than …

ingredient to model. In fact, I found that the estimated premium is a very powerful predictor of inflation. It overcomes, in … ; Euro Area External Finance Premium ; Financial Accelerator ; Bayesian Estimation ; Inflation …

component explains much less of the variation in sectoral regional inflation rates and exhibits much less volatility than … and Sectoral Inflation ; Common Factor Models …

ingredient to model. In fact, I found that the estimated premium is a very powerful predictor of inflation. It overcomes, in …

This paper presents evidence on the lag between monetary policy actions and the response of inflation in the euro area … regime thereafter. Results based on alternative definitions of inflation persistence support these findings, although, they … suggest that a drop in German inflation persistence and a shift in the mean of inflation - particularly in Italy and France …

seem to react specifically to nominal wage inflation. Overall, the Ramsey policy together with its simple rule …