Belke, Ansgar; Polleit, Thorsten - 2006
setting rates by taking into account the "output gap" and inflation. We also set up and tested Taylor rules which incorporate …-month money market
rates (ISR_EU and ISR_US). Euro area inflation is measured by the year-on-year percentage
change in the … harmonised index of consumer prices for the euro area (D4LNCPI_EU). US
inflation is calculated on the basis of the consumer price …