Energy and Food Price Shocks in the Euro Area
Abstract The sharp revisions in inflation forecasts are not rooted in analytical flaws, overly hesitant ECB policies or model failures. Energy price shocks of historic dimensions are the key factor. They have ended the prolonged phase of excessively weak inflation with risks now clearly increasing....
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Main Author: | Silke Tober |
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Format: | Article |
Language: | deu |
Published: |
Sciendo
2022-06-01
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Series: | Wirtschaftsdienst |
Online Access: | https://doi.org/10.1007/s10273-022-3219-z |
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