Disinflation in Spain : The Recent Experience /

This paper investigates the causes of the recent disinflation in Spain. A standard Phillips curve model is used to disentangle the contributions of three possible shocks: an adverse demand shock that raises unemployment, a positive supply shock resulting from relative price adjustments or structural...

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Bibliografische gegevens
Hoofdauteur: Sobczak, Nicolas
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1998.
Reeks:IMF Working Papers; Working Paper ; No. 1998/106
Online toegang:Full text available on IMF