Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/57370
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dc.contributor.authorMoretti, Lauraen_US
dc.date.accessioned2012-02-02en_US
dc.date.accessioned2012-04-20T17:09:37Z-
dc.date.available2012-04-20T17:09:37Z-
dc.date.issued2012en_US
dc.identifier.piurn:nbn:de:hebis:30:3-241164-
dc.identifier.urihttp://hdl.handle.net/10419/57370-
dc.description.abstractI evaluate the effect of inflation targeting on inflation and how it interacts with product market deregulation during the disinflationary process in the 1990s. Using a sample of 21 OECD countries, I show that, after controlling for product market deregulation, the effect of inflation targeting is quantitatively important and statistically significant. Moreover, product market deregulation also matters in particular in countries that adopted an inflation targeting regime. I propose a New Keynesian Phillips curve with an explicit role for market deregulation to rationalize the empirical evidence.en_US
dc.language.isoengen_US
dc.publisher|aGoethe University, Center for Financial Studies (CFS) |cFrankfurt a. M.en_US
dc.relation.ispartofseries|aCFS Working Paper |x2012/01en_US
dc.subject.jelE31en_US
dc.subject.jelE58en_US
dc.subject.jelE65en_US
dc.subject.jelL51en_US
dc.subject.ddc330en_US
dc.subject.keywordInflation Targetingen_US
dc.subject.keywordProduct Market Deregulationen_US
dc.subject.keywordDifference in Differenceen_US
dc.subject.stwInflation Targetingen_US
dc.subject.stwProdukten_US
dc.subject.stwMarkten_US
dc.subject.stwDeregulierungen_US
dc.subject.stwNew-Keynesian Phillips Curveen_US
dc.subject.stwSchätzungen_US
dc.subject.stwOECD-Staatenen_US
dc.titleInflation targeting and product market deregulationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn684642581en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:cfswop:201201-

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