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EconStor >
Goethe-Universität Frankfurt am Main >
Center for Financial Studies (CFS), Universität Frankfurt a. M. >
CFS Working Paper Series, Universität Frankfurt a. M. >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/57370
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Moretti, Laura | | en_US |
| dc.date.accessioned | | 2012-02-02 | | en_US |
| dc.date.accessioned | | 2012-04-20T17:09:37Z | | - |
| dc.date.available | | 2012-04-20T17:09:37Z | | - |
| dc.date.issued | | 2012 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/57370 | | - |
| dc.description.abstract | | I 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.iso | | eng | | en_US |
| dc.publisher | | Center for Financial Studies Frankfurt, Main | | en_US |
| dc.relation.ispartofseries | | CFS Working Paper 2012/01 | | en_US |
| dc.subject.jel | | E31 | | en_US |
| dc.subject.jel | | E58 | | en_US |
| dc.subject.jel | | E65 | | en_US |
| dc.subject.jel | | L51 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Inflation Targeting | | en_US |
| dc.subject.keyword | | Product Market Deregulation | | en_US |
| dc.subject.keyword | | Difference in Difference | | en_US |
| dc.subject.stw | | Inflation Targeting | | en_US |
| dc.subject.stw | | Produkt | | en_US |
| dc.subject.stw | | Markt | | en_US |
| dc.subject.stw | | Deregulierung | | en_US |
| dc.subject.stw | | New-Keynesian Phillips Curve | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | OECD-Staaten | | en_US |
| dc.title | | Inflation targeting and product market deregulation | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 684642581 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| dc.identifier.repec | | RePEc:zbw:cfswop:201201 | | - |
| Appears in Collections: | | CFS Working Paper Series, Universität Frankfurt a. M.
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