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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Iossifov, Plamen
Rannpháirtithe: Podpiera, Jiri
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2014.
Sraith:IMF Working Papers; Working Paper ; No. 2014/191
Rochtain ar líne:Full text available on IMF