This paper examines the distribution of Belgian consumer prices and its interaction with aggregate inflation over the period June 1976-September 2000. Given the fat-tailed nature of this distribution, both classical and robust measures of location, scale and skewness are presented. We found a...

Functional data that are not perfectly aligned in the sense of not showing peaks and valleys at the precise same locations possess phase variation. This is commonly addressed by preprocessing the data via a warping procedure. As opposed to treating phase variation as a nuisance effect, we...

Surprisingly it did not, or at least not directly. Using micro data on consumer prices and sectoral inflation rates from 6 euro area countries, spanning several years before and after the introduction of the euro, we look at whether EMU has altered the behaviour of retail price setting and/or...