Cross-Country Report on Inflation : Selected Issues.

This Selected Issues paper examines the causes and drivers of low inflation in European inflation targeting countries outside the euro area, focusing on the Czech Republic, Poland, Sweden, and Switzerland. It estimates the effects on inflation from the output gap and external factors, including oil...

Полное описание

Библиографические подробности
Соавтор: International Monetary Fund. European Dept
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2015.
Серии:IMF Staff Country Reports; Country Report ; No. 2015/184
Online-ссылка:Full text available on IMF
Описание
Итог:This Selected Issues paper examines the causes and drivers of low inflation in European inflation targeting countries outside the euro area, focusing on the Czech Republic, Poland, Sweden, and Switzerland. It estimates the effects on inflation from the output gap and external factors, including oil price changes, nominal effective exchange rate (NEER) fluctuations, and euro area inflation spillovers. It is observed that external factors have been significant drivers of low inflation recently, though their contributions to inflation and the channels through which they operate vary across countries. Policy responses and options are also discussed, taking into account country-specific circumstances.
Примечание:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Объем:1 online resource (39 pages)
Формат:Mode of access: Internet
ISSN:1934-7685
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students