The common and specific components of inflation expectations across European countries
نویسندگان
چکیده
Inflation expectations (IEs) are often considered to be an important determinant of actual inflation in modern economic theory. This paper studies IE estimates across several European countries, focusing particularly on the key factors that determine dynamics. We first use arbitrage-free term structure model with both nominal and inflation-indexed bond yields efficiently obtain for country-specific IEs. Second, we study common specific components a multi-country factor framework. find estimated component is driver each country interest especially those EMU countries can used by central banks as tool help anchor IEs enhance conduct monetary policy.
منابع مشابه
Prevalence of hepatitis A across various countries in the Middle East, African and Eastern European countries
متن کامل
the role of russia in transmission of energy from central asia and caucuses to european union
پس ازفروپاشی شوروی،رشد منابع نفت و گاز، آسیای میانه و قفقاز را در یک بازی ژئوپلتیکی انرژی قرار داده است. با در نظر گرفتن این منابع هیدروکربنی، این منطقه به یک میدانجنگ و رقابت تجاری برای بازی های ژئوپلتیکی قدرت های بزرگ جهانی تبدیل شده است. روسیه منطقه را به عنوان حیات خلوت خود تلقی نموده و علاقمند به حفظ حضورش می باشد تا همانند گذشته گاز طبیعی را به وسیله خط لوله مرکزی دریافت و به عنوان یک واس...
15 صفحه اولThe Relationship Between the Scope of Essential Health Benefits and Statutory Financing: An International Comparison Across Eight European Countries
Background Both rising healthcare costs and the global financial crisis have fueled a search for policy tools in order to avoid unsustainable future financing of essential health benefits. The scope of essential health benefits (the range of services covered) and depth of coverage (the proportion of costs of the covered benefits that is covered publicly) are corresponding variables in determini...
متن کاملa comparative pragmatic analysis of the speech act of “disagreement” across english and persian
the speech act of disagreement has been one of the speech acts that has received the least attention in the field of pragmatics. this study investigates the ways power relations, social distance, formality of the context, gender, and language proficiency (for efl learners) influence disagreement and politeness strategies. the participants of the study were 200 male and female native persian s...
15 صفحه اولذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Empirical Economics
سال: 2021
ISSN: ['1435-8921', '0377-7332']
DOI: https://doi.org/10.1007/s00181-021-02027-1