Title: New evidence on inflation persistence and price stickiness in the euro area: implications for macro modelling
Authors: Angeloni, I. ×
Aucremanne, L.
Ehrmann, M.
Galí, J.
Levin, A.
Smets, Frank #
Issue Date: 2006
Publisher: Published by the MIT Press for the European Economic Association
Series Title: Journal of the European Economic Association vol:4 issue:2-3 pages:562-575
Abstract: This paper evaluates new evidence on price-setting practices and inflation persistence in the euro area with respect to its implications for macro modeling. It argues that several of the most commonly used assumptions in micro-founded macro models are seriously challenged by the new findings.
ISSN: 1542-4766
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Non-KU Leuven Association publications
× corresponding author
# (joint) last author

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