This paper addresses the relative importance of monetary indicators for forecasting inflation in the euro area in a … empirical question whether the group of monetary variables is relevant for forecasting euro area inflation. In our application …, we consider about thirty monetary and non-monetary indicators for inflation. Using this data, BMA provides inclusion …

This paper addresses the relative importance of monetary indicators for forecasting inflation in the euro area in a … empirical question whether the group of monetary variables is relevant for forecasting euro area inflation. In our application …, we consider about thirty monetary and non-monetary indicators for inflation. Using this data, BMA provides inclusion …

indicators in predicting euro area HICP inflation out-of-sample over the period first quarter 1999 till third quarter 2006 …

We examine the indicator property of the monetary indicator for inflation. Using a P*-model, Svensson shows …

This paper assesses the performance of monetary indicators in predicting euro area HICP inflation out-of-sample over …. The results suggest that monetary indicators are still useful indicators for inflation in the euro area, but that a … inflation. …

Der Artikel untersucht die Indikatoreigenschaften der Geldmenge für die Inflation. Unter Verwendung eines P …We examine the indicator property of the monetary indicator for inflation. Using a P*-model, Svensson (2000) shows … das System eine komplizierte Dynamik aufweist und die Geldmenge mittelfristig kein Frühindikator für die Gefährdung der …