distribution of the forecast, as well as various inflation risk measures that have been proposed in the literature. Finally, the … inflation and output play an important role. In this article we illustrate how modern sticky-price dynamic stochastic general … structural sources of the forecast errors and their implications for monetary policy. Using those tools, we analyse macroeconomic …

quantity of money and or excess money can be used to forecast inflation. After a preliminary data analysis, money demand …. Using recursive estimates, indicator properties of monetary aggregates for inflation are assessed for the period from 2000 … the one for M2 is strongly influenced by these three observations. While in both cases forecasts for 2010 show inflation …

distribution of the forecast, as well as various inflation risk measures that have been proposed in the literature. Finally, the … inflation and output play an important role. This paper illustrates how modern sticky-price dynamic stochastic general … sources of the forecast errors and their implications for monetary policy. Using those tools, we analyse macroeconomic …

distribution of the forecast, as well as various inflation risk measures that have been proposed in the literature. Finally, the … inflation and output play an important role. In this paper we illustrate how modern sticky-price dynamic stochastic general … sources of the forecast errors and their implications for monetary policy. Using those tools, we analyse macroeconomic …