Add to ORKGSince the second half of the nineties the euro area has been subject to a considerable accumulation of temporary and idiosyncratic price shocks. Core inflation indicators for the euro area are thus of utmost interest. Based on euro area-wide data core inflation in this paper is analyzed by means of an indicator derived from the generalized dynamic factor model. This indicator reveals that HICP inflation strongly exaggerated both the decline as well as the increase in the price trend in 1999 and 2000/2001. Our results reinforce those achieved by Cristadoro, Forni, Reichlin and Versonese (2001) based on euro area country data which indicates the robustness of the indicator
Against the difficult background of analysing aggregated data in this paper core inflation in the eu...
The euro area as a whole has experienced a marked downward trend in inflation over the past decades ...
We calculate core inflation indicators for Austria, Belgium, Finland, France, Germany, Italy, the Ne...
Since the second half of the nineties the euro area has been subject to a considerable accumulation ...
This paper proposes a new core inflation indicator for the euro area, obtained by 'cleaning' monthly...
We analyze the interaction among the common and country specific components for the inflation rates ...
Against the difficult background of analyzing aggregated data in this paper core inflation in the eu...
We analyze the interaction among the common and country-specific components for the inflation rates ...
This paper presents some evidence on observed dispersion in HICP inflation rates in the Euro area. O...
Empirical models of inflation often incorporate equilibrium correction effects based upon levels of ...
In this paper, we present evidence on the statistical features of observed dispersion in HICP inflat...
Equilibrium correction models of the price level are often used to model inflation. Such models assu...
Empirical models of inflation often incorporate equilibrium correction effects based upon levels of ...
Empirical models of inflation often incorporate equilibrium correction effects based upon levels of ...
In this paper, we present evidence on the statistical features of observed dispersion in HICP inflat...
Against the difficult background of analysing aggregated data in this paper core inflation in the eu...
The euro area as a whole has experienced a marked downward trend in inflation over the past decades ...
We calculate core inflation indicators for Austria, Belgium, Finland, France, Germany, Italy, the Ne...
Since the second half of the nineties the euro area has been subject to a considerable accumulation ...
This paper proposes a new core inflation indicator for the euro area, obtained by 'cleaning' monthly...
We analyze the interaction among the common and country specific components for the inflation rates ...
Against the difficult background of analyzing aggregated data in this paper core inflation in the eu...
We analyze the interaction among the common and country-specific components for the inflation rates ...
This paper presents some evidence on observed dispersion in HICP inflation rates in the Euro area. O...
Empirical models of inflation often incorporate equilibrium correction effects based upon levels of ...
In this paper, we present evidence on the statistical features of observed dispersion in HICP inflat...
Equilibrium correction models of the price level are often used to model inflation. Such models assu...
Empirical models of inflation often incorporate equilibrium correction effects based upon levels of ...
Empirical models of inflation often incorporate equilibrium correction effects based upon levels of ...
In this paper, we present evidence on the statistical features of observed dispersion in HICP inflat...
Against the difficult background of analysing aggregated data in this paper core inflation in the eu...
The euro area as a whole has experienced a marked downward trend in inflation over the past decades ...
We calculate core inflation indicators for Austria, Belgium, Finland, France, Germany, Italy, the Ne...