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 …

The purpose of this paper is to examine the inflation differentials and their determinants in the first twelve euro … countries that formed the eurozone. We focus on only these countries to capture the effects through the last 22 years from 1999 …, show that it is mostly structural and cyclical factors that drive inflation differentials among these euro countries and …

Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro … inflation using unit labour cost (ULC) growth and applying PANIC (Bai and Ng, 2004) and cluster procedures (Hobijn and Franses …

The paper analyzes the convergence of inflation rates in the group of more developed members of the Eurozone (core … countries). What are the characteristics and is the inflation process in these countries sufficiently homogeneous? Are the … analysed inflation rates converging, so that there is an indication that these countries tend to form the optimal currency area …