the New-Keynesian variety and dynamic adjustments of a business and an inflation climate in an `Old-Keynesian' tradition …. Over the two subperiods of the Great Inflation and Great Moderation, both of them are estimated by the method of simulated …, inflation and the interest rate, but optionally also a measure of the raggedness of the three variables. In short, the …

The purpose of this paper is to examine the inflation differentials and their determinants in the first twelve euro …, show that it is mostly structural and cyclical factors that drive inflation differentials among these euro countries and … explain increase in certain countries' inflation. We conclude by mentioning the potential role that inflation differentials …