Whereas strong demand is a key factor driving high inflation in the US, inflation in the Euro Area is mainly due to … prevent second-round effects. Long run inflation expectations - as measured by the survey of professional forecasters - still … seem to be well anchored. The ECB’s announced tightening intends to dampen rising household’s inflation expectations. Given …

monetary policy reduces the persistence of inflation. Taking into account the fractional integration of inflation, we confirm … that inflation dynamics differed considerably across Euro area countries before the start of EMU. Since 1999, however …, results obtained from panel estimation indicate that the degree of long run inflation persistence has converged. In line with …

monetary policy reduces the persistence of inflation. Taking into account the fractional integration of inflation, we confirm … that inflation dynamics differed considerably across Euro area countries before the start of EMU. Since 1999, however …, results obtained from panel estimation indicate that the degree of long run inflation persistence has converged. In line with …

We study the behavior of inflation rates among the 12 initial Euro countries in order to test whether and when the … this new procedure to Euro area inflation, we find strong and lasting evidence of convergence among the inflation rates … the occurrence of the single currency. After the 2008 crisis, Euro area inflation rates follow the ECB's price stability …

We study the behavior of inflation rates among the 12 initial Euro countries in order to test whether and when the … this new procedure to Euro area inflation, we find strong and lasting evidence of convergence among the inflation rates … the occurrence of the single currency. After the 2008 crisis, Euro area inflation rates follow the ECB's price stability …

This paper investigates inflation convergence among European countries by using sector-level data for the period … is useful to analyze changes in inflation convergence and the corresponding speed of convergence over time. The results … suggest evidence for inflation convergence for the majority of sectors within Europe, although disruptions have been …

This study analyses the impact of economic catching-up on annual inflation rates in the European Union with a special … Balassa-Samuelson effect is not an important driver of inflation rates. By contrast, we find that the initial price level and … regulated prices strongly affect inflation outcomes in a nonlinear manner and that the extension of Engel’s Law may hold during …

Whittle estimation method, the research examines the longmemory properties of headline inflation through monthly data from … January 1996 to January 2023. The study expands upon existing knowledge of inflation persistence by exploring its changes and … the various patterns of inflation persistence in Europe. The findings reveal significant differences in the persistence of …

inflation. The ensuing higher inflation, however, prompts a subsequent tightening of monetary policy leading to a further … over an extended period. -- aggregate demand ; inflation ; monetary policy ; oil …