Castro, Vítor (contributor) - 2008
the target? Does the ECB attempt to hit the inflation
target precisely or keep inflation within a certain range? Second … Frenkel (2006) and Surico (2007b) conclude that it does not affect
the ECB’s behaviour directly but it is a good instrument … inflation
target pursued by the ECB (π*). The adjusted R
2
, Durbin-Watson (DW) statistic for
autocorrelation and the Schwartz …