Dedola, Luca; Gautier, Erwan; Nakov, Anton; Santoro, Sergio - 2023
setting, changes in trend inflation above 5-6% would have significant effects on the euro area Phillips curve. Similarly … Analysis Network (PRISMA) for inflation dynamics and monetary policy, relying on calibrated models and direct empirical … evidence. According to models calibrated to the euro area micro evidence in Gautier et al. (2022, 2023), infrequent price …