References Eurostat (2006), Harmonized Index on Consumer Prices, Eurostat web page, downloaded on 08.08.2006. Friedman, M. (1968), The Role of Monetary Policy, American Economic Review, vol. 58. Garcia, J., A. (2003), An Introduction to the ECB’s Survey of Professional Forecasters, Occasional Paper Series No. 8, September 2003, European Central Bank. Heinemann, F. (2005), Wage Indexation and Monetary Policy, Working Papers Ludwig-MaximiliansUniversität, München.
Kydland, F. and E., Prescott (1977), Rules Rather than Discretion: The Inconsistency of Optimal Plans, Journal of Political Economy, vol. 85, no. 3. Lucas, R. (1976), Econometric Policy Evaluation: A Critique, Journal of Monetary Economics, supplement. McCallum, B. (1988), Robustness Properties of a Rule for Monetary Policy, Carnegie-Rochester Conference series on Public Policy, 29, North-Holland. Muth, J.