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This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is … moderate; ii) Retail prices in the euro area are more sticky than in the US; iii) There is significant sectoral heterogeneity …
Persistent link: https://www.econbiz.de/10011622329
This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is … moderate; ii) Retail prices in the euro area are more sticky than in the US; iii) There is significant sectoral heterogeneity …
Persistent link: https://www.econbiz.de/10013318305
This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is … moderate; ii) Retail prices in the euro area are more sticky than in the US; iii) There is significant sectoral heterogeneity …
Persistent link: https://www.econbiz.de/10013137348
Persistent link: https://www.econbiz.de/10001792738
Persistent link: https://www.econbiz.de/10001804412
We examine the euro area monetary policy transmission process using post-1999 data, with two main questions in mind …
Persistent link: https://www.econbiz.de/10013319731
Persistent link: https://www.econbiz.de/10013434571
The paper analyzes the integration of euro area sovereign bond markets during the European sovereign debt crisis. It … identification. The paper finds that euro area government bond markets were well integrated prior to the crisis, but saw a …
Persistent link: https://www.econbiz.de/10010519824
Persistent link: https://www.econbiz.de/10011708071
Persistent link: https://www.econbiz.de/10002074241