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Title:Identifying Determinants of German Inflation: An Eclectic Approach PDF Logo
Authors:Fic, Tatiana
Issue Date:2003
Series/Report no.:DIW-Diskussionspapiere 334
Abstract:The paper applies an equilibrium correction model to discuss impacts of monetary, labour and external factors on the German inflation. The approach presented is of eclectic character and allows for examination which variables representative for various inflation theories matter empirically when analysing inflation processes in Germany. The results obtained suggest that inflation in Germany is determined by adjustment processes on the market of production factors, external shocks embodied in import prices, level of capacity utilisation and monetary policy actions.
Subjects:equilibrium correction model
inflation modelling
Germany
JEL:E3
C5
C2
Document Type:Working Paper
Appears in Collections:DIW-Diskussionspapiere
Publikationen von Forscherinnen und Forschern des DIW

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