in ERPT to CPI inflation for the Finnish economy. Within a logistic smooth transition framework, our investigations …

We investigate the sources of macroeconomic (output and inflation) variability in selected European countries within … currently members of the European Monetary Union and non-members. As for inflation, on the contrary, regional factors are more …

(inflation) is introduced in the production function and is used to control the severity, persistence and magnitude of a given …

, we focus not only on real activity, which has received most attention to date, but also on inflation and its interaction … aspects concern a real activity decline that was unusually long but less unusually deep, and an inflation decline that was … unusually deep but brief; and (3) its real activity and inflation interactions were strongly positive, consistent with an …

which are not subject to revisions and are consistent with the inflation measure. Hence, it mitigates the common drawbacks … methods such as GDP series filtering or the production function approach in showing truly the inflation environment. It is …