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Original Articles

The role of inflation expectations in the EMU

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Pages 1671-1675 | Published online: 12 Nov 2009

References

  • Adam, K. and Padula, M. (2003) Inflation dynamics and subjective expectations in the United States, ECB Working Paper 222
  • Gerlach , S. 2004 . The two pillars of the European Central Bank . Economic Policy 19 , 40 : 389 – 439 .
  • Gerlach , S. and Svensson , L. 2003 . Money and inflation in the euro area: a case for monetary indicators . Journal of Monetary Economics , 50 : 1649 – 72 .
  • Levin, A., Natalucci, F. and Piger, J. (2004) Explicit inflation objectives and macroeconomic outcomes, ECB Working Paper 383
  • Paloviita, M. and Viren, M. (2005) The role of expectations in the inflation process in the euro area, Bank of Finland Discussion Paper 6/2005
  • Pesaran , H. and Shin , Y. 1998 . Generalized impulse response analysis in linear multivariate models . Economics Letters , 58 : 17 – 29 .

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