Inflation and Output Comovement in the Euro Area: Love at Second Sight?

WP/13/192

Inflation and Output Comovement in the Euro Area: Love at Second Sight?
This paper discusses comovement between inflation and output in the euro area. The strength of the comovement may not be apparent at first sight, but is clear at business cycle frequencies. Our results suggest that at business cycle frequency, the output and core inflation comovement is high and stable, and that inflation lags the cycle in... READ MORE...

Publication date: September 2013
ISBN 9781475538939
$18.00

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Publication date: September 2013

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Publication date: September 2013

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