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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Sobczak, Nicolas
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1998.
Serie:IMF Working Papers; Working Paper ; No. 1998/106
Länkar:Full text available on IMF