dc.creator |
Hofmann, Boris |
|
dc.date |
2006 |
|
dc.date.accessioned |
2013-10-16T07:06:03Z |
|
dc.date.available |
2013-10-16T07:06:03Z |
|
dc.date.issued |
2013-10-16 |
|
dc.identifier |
http://hdl.handle.net/10419/19646 |
|
dc.identifier |
ppn:514273828 |
|
dc.identifier |
RePEc:zbw:bubdp1:4469 |
|
dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/19646 |
|
dc.description |
This paper assesses the performance of monetary indicators in predicting euro area HICP inflation out-of-sample over the period since the start of EMU considering a wide range of forecasting models, including standard bivariate forecasting models, factor models, simple combination forecasts as well as trivariate two-pillar Phillips Curve type forecasting models. The results suggest that monetary indicators are still useful indicators for inflation in the euro area, but that a thorough and broad based monetary analysis is needed to extract the information content of monetary developments for future inflation. |
|
dc.language |
eng |
|
dc.relation |
Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2006,18 |
|
dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
dc.subject |
E31 |
|
dc.subject |
E40 |
|
dc.subject |
C32 |
|
dc.subject |
ddc:330 |
|
dc.subject |
euro area |
|
dc.subject |
inflation |
|
dc.subject |
leading indicators |
|
dc.subject |
money |
|
dc.subject |
Inflation |
|
dc.subject |
Prognoseverfahren |
|
dc.subject |
Monetärer Indikator |
|
dc.subject |
Europäische Wirtschafts- und Währungsunion |
|
dc.subject |
Schätzung |
|
dc.subject |
EU-Staaten |
|
dc.title |
Do monetary indicators (still) predict euro area inflation? |
|
dc.type |
doc-type:workingPaper |
|