Are Non-Euro Area EU Countries Importing Low Inflation from the Euro Area? /

The synchronized disinflation across Europe since end-2011 raises the question of whether non-euro area EU countries are affected by the undershooting of the euro area inflation target. To shed light on this issue, we estimate an open-economy, New Keynsian Phillips curve, in which we control for imp...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Iossifov, Plamen
Awduron Eraill: Podpiera, Jiri
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2014.
Cyfres:IMF Working Papers; Working Paper ; No. 2014/191
Mynediad Ar-lein:Full text available on IMF