Determinants of Inflation in the Euro Area : The Role of Labor and Product Market Institutions /
While inflation differentials in a monetary union can be benign, reflecting a catch-up process, or an adjustment mechanism to asymmetric shocks or different business cycles, they may also indicate distortions related to inefficiencies in domestic product and labor markets that amplify or make more p...
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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2012.
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Serier: | IMF Working Papers; Working Paper ;
No. 2012/037 |
Online adgang: | Full text available on IMF |