The determinants of inflation differentials in the euro area

Laura Moretti

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.

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Year of publication:	2014
Authors:	Moretti, Laura
Publisher:	Frankfurt, Main : Center for Financial Studies
Subject:	Labor Market Deregulation \| Product Market Deregulation \| EMU \| Inflation Rate \| Eurozone \| Euro area \| EU-Staaten \| EU countries \| Deregulierung \| Deregulation \| Inflation \| Inflationsrate \| Inflation rate \| Arbeitsmarktflexibilität \| Labour market flexibility

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Extent:	Online-Ressource (37 S.) graph. Darst.
Series:	CFS working paper series. - Frankfurt, M. : [Verlag nicht ermittelbar], ZDB-ID 2196856-1. - Vol. 451
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/93094 [Handle]
Classification:	E31 - Price Level; Inflation; Deflation ; E58 - Central Banks and Their Policies ; E65 - Studies of Particular Policy Episodes ; L51 - Economics of Regulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010245281