Essec\Faculty\Model\Contribution {#2216
  #_index: "academ_contributions"
  #_id: "8278"
  #_source: array:26 [
    "id" => "8278"
    "slug" => "money-in-the-inflation-equation-the-euro-area-evidence"
    "yearMonth" => "2008-05"
    "year" => "2008"
    "title" => "Money in the Inflation Equation: The Euro Area Evidence"
    "description" => "FOURÇANS, A. et VRANCEANU, R. (2008). <i>Money in the Inflation Equation: The Euro Area Evidence</i>. ESSEC Business School."
    "authors" => array:2 [
      0 => array:3 [
        "name" => "FOURÇANS André"
        "bid" => "B00000199"
        "slug" => "fourcans-andre"
      ]
      1 => array:3 [
        "name" => "VRANCEANU Radu"
        "bid" => "B00000524"
        "slug" => "vranceanu-radu"
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:4 [
      0 => "BCE"
      1 => "Inflation"
      2 => "Monnaie"
      3 => "Politique monétaire"
    ]
    "updatedAt" => "2020-12-17 21:00:33"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => null
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Documents de travail"
      "en" => "Working Papers"
    ]
    "support_type" => array:2 [
      "fr" => "Editeur"
      "en" => "Publisher"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "L'étude montre que dans la Zone Euro une croissance de l'agrégat monétaire M3 avoisinant les 10% sur une longue période est responsable d'une inflation de 2.5%. L'output gap peut influencer l'inflation dans le court-terme.L'étude montre que dans la Zone Euro une croissance de l'agrégat monétaire M3 avoisinant les 10% sur une longue période est responsable d'une inflation de 2.5%. L'output gap peut influencer l'inflation dans le court-terme."
      "en" => "The ECB is the only major central bank that still emphasizes the role of money in monetary policy management. In this paper, we bring some support to this approach. Taking into account Euro area data from the period between 1999 and 2007, we demonstrate that a steady 10 per cent increase in M3 may result in an inflation rate of approximately 2½ percentage points. A negative output gap would have a short term offsetting effect, and vice versa."
    ]
    "authors_fields" => array:2 [
      "fr" => "Economie"
      "en" => "Economics"
    ]
    "indexedAt" => "2024-12-22T01:21:46.000Z"
    "docTitle" => "Money in the Inflation Equation: The Euro Area Evidence"
    "docSurtitle" => "Working Papers"
    "authorNames" => "<a href="/cv/fourcans-andre">FOURÇANS André</a>, <a href="/cv/vranceanu-radu">VRANCEANU Radu</a>"
    "docDescription" => "<span class="document-property-authors">FOURÇANS André, VRANCEANU Radu</span><br><span class="document-property-authors_fields">Economics</span> | <span class="document-property-year">2008</span>"
    "keywordList" => "<a href="#">BCE</a>, <a href="#">Inflation</a>, <a href="#">Monnaie</a>, <a href="#">Politique monétaire</a>"
    "docPreview" => "<b>Money in the Inflation Equation: The Euro Area Evidence</b><br><span>2008-05 | Working Papers </span>"
    "docType" => "research"
    "publicationLink" => "<a href="#" target="_blank">Money in the Inflation Equation: The Euro Area Evidence</a>"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 8.982854
  +"parent": null
}