Are Non-Euro Area EU Countries Importing Low Inflation from the Euro Area?

The synchronized disinflation across Europe since end-2011 raises the question of whether non-euro area EU countries are affected by the undershooting of the euro area inflation target. To shed light on this issue, we estimate an open-economy, New Keynsian Phillips curve, in which we control for imp...

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Bibliographische Detailangaben
Hauptverfasser: Iossifov, Plamen, Podpiera, Jiri
Format: Buch
Sprache:eng
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