Trend Inflation and Inflation Compensation /
This paper incorporates market-based inflation expectations to the growing literature on trend inflation estimation, and finds that there has been a significant decline in euro area trend inflation since 2013. This finding is robust to using different measures of long-term inflation expectations in...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2018.
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Series: | IMF Working Papers; Working Paper ;
No. 2018/154 |
Subjects: | |
Online Access: | Full text available on IMF |