scholarly journals Inflation Persistence and Price-Setting Behaviour in the Euro Area: A Summary of the Inflation Persistence Network Evidence

Author(s):  
Filippo Altissimo ◽  
Michael Ehrmann ◽  
Frank Smets
2006 ◽  
Vol 31 (4) ◽  
pp. 977-1002 ◽  
Author(s):  
Nicoletta Batini

2012 ◽  
Vol 44 (8) ◽  
pp. 1631-1650 ◽  
Author(s):  
PHILIP VERMEULEN ◽  
DANIEL A. DIAS ◽  
MAARTEN DOSSCHE ◽  
ERWAN GAUTIER ◽  
IGNACIO HERNANDO ◽  
...  

2009 ◽  
Vol 26 (2) ◽  
pp. 532-535 ◽  
Author(s):  
Meredith Beechey ◽  
Pär Österholm

Author(s):  
Emmanuel Dhyne ◽  
Julian Alvarez ◽  
Hervé le Bihan ◽  
Giovanni Furio Veronese ◽  
Daniel Dias ◽  
...  

2020 ◽  
Vol 12 (7) ◽  
pp. 31
Author(s):  
Brian Micallef ◽  
Reuben Ellul

After the European sovereign debt crisis in 2012, inflation has been unexpectedly low across most of the economies making up the euro area, as well as the Monetary Union aggregate, with economists referring to this phenomenon as the “missing inflation” puzzle. As the smallest and one of the most open economies in the euro area, Malta has also registered a period of low inflation post-2012, despite registering an average GDP growth rate of 6.9% per annum over the period 2013-2019. This paper estimates the extent of inflation persistence of Malta and a number of EU economies for both the pre- and post-2012 period. Measures of persistence are computed as the sum of autoregressive coefficients derived from univariate regressions on both aggregated and disaggregated inflation series. Estimates of persistence in Malta have increased when the sample covers the post-2012 period. In terms of the main sub-components, energy inflation has a substantially higher persistence compared to the pre-2012 period, reflecting both external and country-specific factors. Most other EU countries also reported an increase in persistence when including the post-2012 period in the sample although the estimates for Malta, both at the aggregate and disaggregated indices, remain less persistent.


Author(s):  
Philip Vermeulen ◽  
Daniel Dias ◽  
Maarten Dossche ◽  
Erwan Gautier ◽  
Ignacio Hernando ◽  
...  

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