Arbeitspapier

The determinants of inflation differentials in the euro area

Inflation differentials in the euro area have been persistent since the adoption of the single currency. This paper analyzes the impact of product and labor market regulation on inflation in a sample of 11 countries. The results show that, after the adoption of the euro, product market deregulation has a relevant and significant effect on the level of inflation, while higher labor market regulation increases the responsiveness of inflation to the output gap.

Sprache
Englisch

Erschienen in
Series: CFS Working Paper ; No. 451

Klassifikation
Wirtschaft
Price Level; Inflation; Deflation
Central Banks and Their Policies
Studies of Particular Policy Episodes
Economics of Regulation
Thema
Labor Market Deregulation
Product Market Deregulation
EMU
Inflation Rate

Ereignis
Geistige Schöpfung
(wer)
Moretti, Laura
Ereignis
Veröffentlichung
(wer)
Goethe University Frankfurt, Center for Financial Studies (CFS)
(wo)
Frankfurt a. M.
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Moretti, Laura
  • Goethe University Frankfurt, Center for Financial Studies (CFS)

Entstanden

  • 2014

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