Forecasting Euro Area Inflation Using Single-Equation and Multivariate VAR–Models

Forecasting inflation is of key relevance for central banks, not least because the objective of low and stable inflation is embodied in most central banks’ mandates and the monetary policy transmission mechanism is well known to be subject to long and variable lags. To our best knowledge, central ba...

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Bibliographic Details
Main Authors: Gerdesmeier Dieter, Roffia Barbara, Reimers Hans-Eggert
Format: Article
Language:English
Published: Sciendo 2017-12-01
Series:Folia Oeconomica Stetinensia
Subjects:
e31
e47
c11
Online Access:https://doi.org/10.1515/foli-2017-0016