Inflation Dynamics Reconsidered. Inflation Targeting Europe vs. United States

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Bachelor Thesis from the year 2015 in the subject Economics - Macro-economics, general, grade: 1,3, University of Frankfurt (Main) (Departement of Money and Macroeconomics), language: English, abstract: This paper investigates the inflation dynamics of Germany, Italy, Finland, the whole Europe Area and the United States, based on a General-Method of Moments (GMM) estimation. The New- Keynesian Model and the Real-Business-Cycle Model are essential for the estimation.