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...

Full description

Bibliographic Details
Main Author: Morsy, Hanan
Other Authors: Jaumotte, Florence
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/037
Online Access:Full text available on IMF