01678cas a2200277 a 4500 AALejournalIMF013896 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475538939 1018-5941 BD-DhAAL BD-DhAAL Andrle, Michal. Inflation and Output Comovement in the Euro Area : Love at Second Sight? / Michal Andrle, Jan Bruha, Serhat Solmaz. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (26 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses comovement between inflation and output in the euro area. The strength of the comovement may not be apparent at first sight, but is clear at business cycle frequencies. Our results suggest that at business cycle frequency, the output and core inflation comovement is high and stable, and that inflation lags the cycle in output with roughly half of its variance. The strong relationship of output and inflation hints at the importance of demand shocks for the euro area business cycle. Mode of access: Internet United States imf Bruha, Jan. Solmaz, Serhat. IMF Working Papers; Working Paper ; No. 2013/192 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/192/001.2013.issue-192-en.xml IMF e-Library