Holdings: Inflation and Output Comovement in the Euro Area

Inflation and Output Comovement in the Euro Area: Love at Second Sight?

This paper discusses comovement between inflation and output in the euro area. The strength of the comovement may not be apparent at first sight, but is clear at business cycle frequencies. Our results suggest that at business cycle frequency, the output and core inflation comovement is high and sta...

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Main Author:	Andrle, Michal (Author)
Format:	Electronic eBook
Language:	English
Published:	Washington, D.C International Monetary Fund 2013
Series:	IMF Working Papers Working Paper No. 13/192
Online Access:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Summary:	This paper discusses comovement between inflation and output in the euro area. The strength of the comovement may not be apparent at first sight, but is clear at business cycle frequencies. Our results suggest that at business cycle frequency, the output and core inflation comovement is high and stable, and that inflation lags the cycle in output with roughly half of its variance. The strong relationship of output and inflation hints at the importance of demand shocks for the euro area business cycle
Physical Description:	1 Online-Ressource (26 p)
ISBN:	1475538936 9781475538939

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spelling	Andrle, Michal Verfasser aut Inflation and Output Comovement in the Euro Area Love at Second Sight? Andrle, Michal Washington, D.C International Monetary Fund 2013 1 Online-Ressource (26 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 13/192 This paper discusses comovement between inflation and output in the euro area. The strength of the comovement may not be apparent at first sight, but is clear at business cycle frequencies. Our results suggest that at business cycle frequency, the output and core inflation comovement is high and stable, and that inflation lags the cycle in output with roughly half of its variance. The strong relationship of output and inflation hints at the importance of demand shocks for the euro area business cycle Online-Ausg Bruha, Jan Sonstige oth Solmaz, Serhat Sonstige oth http://elibrary.imf.org/view/IMF001/20802-9781475538939/20802-9781475538939/20802-9781475538939.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Andrle, Michal Inflation and Output Comovement in the Euro Area Love at Second Sight?
title	Inflation and Output Comovement in the Euro Area Love at Second Sight?
title_auth	Inflation and Output Comovement in the Euro Area Love at Second Sight?
title_exact_search	Inflation and Output Comovement in the Euro Area Love at Second Sight?
title_exact_search_txtP	Inflation and Output Comovement in the Euro Area Love at Second Sight?
title_full	Inflation and Output Comovement in the Euro Area Love at Second Sight? Andrle, Michal
title_fullStr	Inflation and Output Comovement in the Euro Area Love at Second Sight? Andrle, Michal
title_full_unstemmed	Inflation and Output Comovement in the Euro Area Love at Second Sight? Andrle, Michal
title_short	Inflation and Output Comovement in the Euro Area
title_sort	inflation and output comovement in the euro area love at second sight
title_sub	Love at Second Sight?
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