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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2017-12-01
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Series: | Folia Oeconomica Stetinensia |
Subjects: | |
Online Access: | https://doi.org/10.1515/foli-2017-0016 |