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Unravelling the Secrets of Inflation in the Euro Area – A Frequency Decomposition Approach

Author

Listed:
  • Gerdesmeier Dieter

    (European Central Bank, Sonnemannstrasse 20, 60314Frankfurt am Main, Germany)

  • Roffia Barbara

    (European Central Bank, Sonnemannstrasse 20, 60314Frankfurt am Main, Germany)

  • Reimers Hans-Eggert

    (Hochschule Wismar, Postfach 1210, 23952Wismar, Germany)

Abstract

Research background: The study contributes to the field of monetary economics. In the practice of monetary policy, all central banks have a vivid interest in distinguishing between signals and noise in the data.

Suggested Citation

  • Gerdesmeier Dieter & Roffia Barbara & Reimers Hans-Eggert, 2020. "Unravelling the Secrets of Inflation in the Euro Area – A Frequency Decomposition Approach," Folia Oeconomica Stetinensia, Sciendo, vol. 20(1), pages 133-162, June.
    • Handle: RePEc:vrs:foeste:v:20:y:2020:i:1:p:133-162:n:8
    DOI: 10.2478/foli-2020-0008
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    References listed on IDEAS

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    11. Lawrence J. Christiano & Terry J. Fitzgerald, 2003. "The Band Pass Filter," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(2), pages 435-465, May.
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    18. Brand, Claus & Gerdesmeier, Dieter & Roffia, Barbara, 2002. "Estimating the trend of M3 income velocity underlying the reference value for monetary growth," Occasional Paper Series 3, European Central Bank.
    19. Gerdesmeier, Dieter & Roffia, Barbara & Reimers, Hans-Eggert, 2018. "Unravelling the secrets of euro area inflation: A frequency decomposition approach," Wismar Discussion Papers 06/2018, Hochschule Wismar, Wismar Business School.
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    More about this item

    Keywords

    Frequency decomposition; inflation; money; credit;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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