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
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Objekttyp
- Arbeitspapier
Beteiligte
- Moretti, Laura
- Goethe University Frankfurt, Center for Financial Studies (CFS)
Entstanden
- 2014