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analyzes the impact of product and labor market regulation on inflation in a sample of 11 countries. The results show that …, while higher labor market regulation increases the responsiveness of inflation to the output gap. …
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The first decade of economic and monetary union in Europe (EMU) has been a huge success. EMU has significantly benefited its member countries and accelerated the European integration process. Imbalances within EMU - differences in growth, inflation, competitiveness, current account and budget...
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