This paper summarises the vast evidence on micro price-setting recently obtained for euro
area countries. We consider studies with micro data on consumer and producer prices, as …

This paper documents producer price setting in 6 countries of the euro area: Germany,
France, Italy, Spain, Belgium and Portugal. It collects evidence from available studies on …

Hourly labour productivity levels in a number of European countries are thought to be very
close to, or possibly even higher than the level'observed'in the United States. At the same …

This paper challenges the assumption that the inflation process within the Euro area is well-
described by a linear accelerationist Phillips curve and investigates a nonparametric …

This paper examines the relationship between a technology shock and employment,
considering price, wage rigidities, and heterogeneous agents. To explore this relationship …

Université de Toulouse (GREMAQ et IDEI) et Banque de France (CRECH). Adresse:
GREMAQ-Université de Toulouse I, manufacture des Tabacs, Aile Jean-Jacques Laffont …

Would the US economy's dynamic response to permanent technology shocks have been
different from the actual responses if monetary authorities' systematic response to these …

In this paper, we, seek to characterize the dynamic effects of permanent technology shocks
and the way in which US monetary authorities reacted to these shocks over the sample 1955 …

Au cours des années récentes, deux facteurs ont été à l'origine de la dynamique de M3
dans la zone euro: une forte préférence pour la liquidité observée de 2001 à 2003 et suivie …

Résumé Depuis juillet 2003, la Banque de France utilise des données corrigées des
variations saisonnières (CVS) dans le cadre du suivi mensuel de la conjoncture monétaire …