Journal article
Optimal inflation weights in the Euro Area
- Abstract:
- This study investigates the appropriate measure for stabilizing inflation in the euro area. We use a model that accounts for both the heterogeneity observed in the degree of price rigidities across regions and sectors, and asymmetry of real disturbances in relative prices. Our work shows that the optimal weights to assign to each region or sector result from complex interactions between the degree of price stickiness, economic size, and the distribution of shocks within regions.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
Actions
Access Document
- Files:
-
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(Preview, Accepted manuscript, pdf, 171.8KB, Terms of use)
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- Publication website:
- https://www.ijcb.org/journal/ijcb16q2a8.htm
Authors
- Publisher:
- Association of the International Journal of Central Banking
- Journal:
- International Journal of Central Banking More from this journal
- Volume:
- 12
- Issue:
- 2
- Pages:
- 357-383
- Publication date:
- 2016-06-01
- Acceptance date:
- 2015-06-22
- ISSN:
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1815-4654
- Language:
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English
- Keywords:
- Pubs id:
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pubs:628006
- UUID:
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uuid:e5638623-77c7-43ae-97d0-ea9db6b9a7d0
- Local pid:
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pubs:628006
- Source identifiers:
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628006
- Deposit date:
-
2017-05-13
Terms of use
- Copyright holder:
- Association of the International Journal of Central Banking
- Copyright date:
- 2016
- Rights statement:
- Copyright © 2016 by the Association of the International Journal of Central Banking
- Notes:
- This is the accepted manuscript version of the article. The final version is available online from Association of the International Journal of Central Banking at https://www.ijcb.org/journal/ijcb16q2a8.htm
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