Euro Area Inflation : Aggregation Bias and Convergence

Euro Area Inflation : Aggregation Bias and Convergence

Monetary policy of the European Monetary Union targets aggregate euro area inflation. Concerns are growing that a focus on aggregate inflation may cause national inflation rates to diverge. While different explanations for diverging aggregate euro area inflation have been brought forward, the very i...

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Bibliographic Details
Main Authors: Byrne, Joseph P., Fiess, Norbert
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Price Level
Inflation
Deflation E310
Monetary Policy E520
Financial Aspects of Economic Integration F360
International Policy Coordination and Transmission F420
Online Access:http://hdl.handle.net/10986/5482

Internet

http://hdl.handle.net/10986/5482

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