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This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area, based on research findings that have been produced in the context of the Inflation Persistence Network. The main findings are - i) Under the current monetary policy regime, the...
Persistent link: https://www.econbiz.de/10011606198
This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area, based on research findings that have been produced in the context of the Inflation Persistence Network. The main findings are: i) Under the current monetary policy regime, the...
Persistent link: https://www.econbiz.de/10011506617
Persistent link: https://www.econbiz.de/10000983062
Persistent link: https://www.econbiz.de/10000627730
This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area, based on research findings that have been produced in the context of the Inflation Persistence Network. The main findings are: i) Under the current monetary policy regime, the...
Persistent link: https://www.econbiz.de/10011622329
European Central Bank’s (ECB’s) announcement of its Outright Monetary Transactions (OMT) program in 2012. At the same time …
Persistent link: https://www.econbiz.de/10010519824
, the central bank should rely more on money growth rules. … monetary policy rules. Initially, the instrument in the policy rule was a monetary aggregate - a quantity, usually the money …
Persistent link: https://www.econbiz.de/10012157288
Persistent link: https://www.econbiz.de/10002074241
Persistent link: https://www.econbiz.de/10001981673
Persistent link: https://www.econbiz.de/10003814165