-
Views
-
Cite
Cite
Ignazio Angeloni, Luc Aucremanne, Michael Ehrmann, Jordi Galí, Andrew Levin, Frank Smets, New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling, Journal of the European Economic Association, Volume 4, Issue 2-3, 1 May 2006, Pages 562–574, https://doi.org/10.1162/jeea.2006.4.2-3.562
- Share Icon Share
Abstract
This paper evaluates new evidence on price-setting practices and inflation persistence in the euro area with respect to its implications for macro modeling. It argues that several of the most commonly used assumptions in micro-founded macro models are seriously challenged by the new findings.
This content is only available as a PDF.
© 2006 by the European Economic Association
Issue Section:
Articles
You do not currently have access to this article.