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New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling Author info | Abstract | Publisher info | Download info | Related research | Statistics Ignazio Angelloni
Luc Aucremanne
Michael Ehrmann
Jordi Galí ()
Andrew Levin
Frank Smets
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registered author(s):
This paper evaluates new evidence on price setting practices and inflation persistence in the euro area with respect to its implications for macro modelling. It argues that several of the most commonly used assumptions in micro-founded macro models are seriously challenged by the new findings.
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Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number
910.
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Date of creation: Sep 2005Date of revision:
Handle: RePEc:upf:upfgen:910Contact details of provider: Web page: http://www.econ.upf.edu/
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Keywords: Price setting practices ; macro modellling ; Other versions of this item:
Find related papers by 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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"A Phillips Curve with an Ss Foundation ,"
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2004 Meeting Papers
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.) This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page .
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