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as a whole and in Germany, Italy and France. In line with findings for the US and the UK, results here show that this lag … suggest that a drop in German inflation persistence and a shift in the mean of inflation - particularly in Italy and France …
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significant inertial (backward looking) behavior in inflation in four of them, while inflation in Germany has a dominant forward …
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government is low unemployment in Germany. And the primary target of the French government is low unemployment in France. The …
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