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Is the inflation–output Nexus asymmetric in the Euro area?

✍ Scribed by Mustapha Baghli; Christophe Cahn; Henri Fraisse

Book ID
116421418
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
136 KB
Volume
94
Category
Article
ISSN
0165-1765

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## Abstract This paper is an applied study about forecasting trend output and the output gap in the Euro area. The need for trend output forecasts is justified by an analysis of the monetary strategy of the European Central Bank. Trend output serves as a direct inflation indicator and helps to dete