Blar i Norges Banks publikasjonsserier / Norges Bank publication series på emneord "P*-model"
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Modelling Inflation in the Euro Area
(Working Papers;10/2004, Working paper, 2004)The paper presents an incomplete competition model (ICM), where inflation is determined jointly with unit labour cost growth. The ICM is estimated on data for the Euro area and evaluated against existing models, i.e. the ...