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Convergence of Euro area inflation rates

✍ Scribed by Claude Lopez; David H. Papell


Book ID
119298710
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
602 KB
Volume
31
Category
Article
ISSN
0261-5606

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Standard measures of prices are often contaminated by transitory shocks. This has prompted economists to suggest the use of measures of underlying inflation to formulate monetary policy and assist in forecasting observed inflation. Recent work has concentrated on modelling large data sets using fact