New evidence on inflation persistence and price stickiness in the Euro area: Implications for macro modelling
Ignazio Angelloni,
Luc Aucremanne,
Michael Ehrmann,
Jordi Galí,
Andrew Levin () and
Frank Smets
Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra
Abstract:
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.
Keywords: Price setting practices; macro modellling (search for similar items in EconPapers)
JEL-codes: E31 E52 (search for similar items in EconPapers)
Date: 2005-09
New Economics Papers: this item is included in nep-mac and nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (40)
Downloads: (external link)
https://econ-papers.upf.edu/papers/910.pdf Whole Paper (application/pdf)
Related works:
Journal Article: New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling (2006)
Working Paper: New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:upf:upfgen:910
Access Statistics for this paper
More papers in Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra
Bibliographic data for series maintained by ( this e-mail address is bad, please contact ).