Is the Inflation-Output Nexus Asymmetric in the Euro Area?

This paper challenges the assumption that the inflation process within the euro area is well-described by a linear Phillips curve and investigates in a nonparametric framework how inflation is sensitive to output growth. An asymmetric output-inflation trade-off is pointed out in the euro area at both aggregated and individual country levels

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Year of publication:	2010
Authors:	Baghli, Mustapha
Other Persons:	Cahn, Christophe (contributor) ; Fraisse, Henri (contributor)
Publisher:	[2010]: [S.l.] : SSRN
Subject:	Eurozone \| Euro area \| EU-Staaten \| EU countries \| Bruttoinlandsprodukt \| Gross domestic product \| Phillips-Kurve \| Phillips curve \| Preisstabilität \| Price stability \| Nichtparametrisches Verfahren \| Nonparametric statistics \| Inflation

Extent:	1 Online-Ressource (32 p)
Series:	Banque de France Working Paper ; No. 140
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 1, 2006 erstellt
Other identifiers:	10.2139/ssrn.1699635 [DOI]
Classification:	C14 - Semiparametric and Nonparametric Methods ; C32 - Time-Series Models ; E31 - Price Level; Inflation; Deflation ; E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013136535