-difference version is not so suspect. While evidence is found of a long-run relationship between Austria inflation and money growth, even … also rejected, but there is a statistically significant long-run relationship between Austrian and German inflation …

analyze data for different product categories, and also cointegration techniques to carefully distinguish between shortrun and …

analyze data for different product categories, and also cointegration techniques to carefully distinguish between shortrun and …

analyze data for different product categories, and also cointegration techniques to carefully distinguish between short …

zwischen geldpolitisch bestimmten Zinsen und längerfristigen Zinsen in den USA und in Deutschland an. Unsere Ergebnisse deuten … USA als auch in Deutschland, allerdings in nicht-linearer und komplexer Form. Drittens schlussfolgern wir, indem wir eine …

-dependence; for periods of relatively high and volatile inflation not only the size of price changes (intensive margin) but also the … fraction of price adjustment (extensive margin) is important for aggregate inflation dynamics. Moreover, at the business cycle … frequency, variations in the extensive margin explain a large fraction of inflation variability even for moderate inflation …