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...
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Beste egile batzuk: | |
Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2014.
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Saila: | IMF Working Papers; Working Paper ;
No. 2014/191 |
Sarrera elektronikoa: | Full text available on IMF |