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...

Полное описание

Библиографические подробности
Главный автор: Sobczak, Nicolas
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1998.
Серии:IMF Working Papers; Working Paper ; No. 1998/106
Online-ссылка:Full text available on IMF