This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area …, based on research findings that have been produced in the context of the Inflation Persistence Network. The main findings … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is …

This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area …, based on research findings that have been produced in the context of the Inflation Persistence Network. The main findings … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is …

movements do not have an impact on inflation, as aggregate rules of thumb mask substantial heterogeneities across countries … deviations of inflation from target, including those relating to exchange rate fluctuations. Moreover, under the effective lower … inflation. …

movements do not have an impact on inflation, as aggregate rules of thumb mask substantial heterogeneities across countries … deviations of inflation from target, including those relating to exchange rate fluctuations. Moreover, under the effective lower … inflation. …

and real wage rigitidy) and social preferences regarding inflation, employment, and real wages. We also calibrate our … Economic and Monetary Union (EMU) depends on institutions and preferences. We then use the calibrated model to analyze how EMU …

This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area …, based on research findings that have been produced in the context of the Inflation Persistence Network. The main findings … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is …

Using a New-Keynesian framework, we investigate how far the inflationary processes in member states of EMU cause …, notwithstanding that inflation in some countries tends to converge towards the euro area level. Overa11, inflation persistence has …

Using a New-Keynesian framework, we investigate how far the inflationary processes in member states of EMU cause …, not-withstanding that inflation in some countries tends to converge towards the euro area level. Overall, inflation …

Using a New-Keynesian framework, we investigate how far the inflationary processes in member states of EMU cause …, notwithstanding that inflation in some countries tends to converge towards the euro area level. Overa11, inflation persistence has …

Using a New-Keynesian framework, we investigate how far the inflationary processes in member states of EMU cause …, not-withstanding that inflation in some countries tends to converge towards the euro area level. Overall, inflation …