In this paper we study the role of the stock market in the transmission mechanism in the euro
area and evaluate whether price stability and financial stability are mutually consistent and …

This paper introduces a new decomposition of euro area headline inflation into core,
cyclical, and residual components. Our new core inflation measure, the structural core …

En este documento se calcula la tasa de cambio real de equilibrio y su desalineamiento.
Este último, entendido como la diferencia entre la tasa real de cambio observada y la tasa …

En este artículo se analizan las fuentes del desempleo en Colombia en el marco de un
modelo estructural de corrección de errores (SVEC). Con este propósito se estima un …

We propose a measure of core inflation which is derived from a Markov switching ARFIMA
model. The Markov switching ARFIMA model generalises the standard ARFIMA model …

En este documento se estima la inflación subyacente mediante un esquema de tendencias
estocásticas comunes asociadas a un modelo vectorial de corrección de errores con …

This paper introduces a new decomposition of euro area headline inflation into core,
cyclical, and residual components. Our new core inflation measure, the structural core …

In this paper we investigate the long-run growth process in Italy and the US over the period
1920-2001, using a common trends model. Coherent with the neoclassical growth model …

This paper focuses on the core inflation measurement in Italy using univariate (national-level
inflation) vs. multivariate (city-level inflation) models during the period 1970–2006. We …

This paper uses stochastic index number theory to propose a measure of core inflation
based on the idiosyncratic persistence in individual CPI component price series. Our index …