Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/210803 
Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
CBM Working Papers No. WP/05/2013
Verlag: 
Central Bank of Malta, Valletta
Zusammenfassung: 
The objective of this paper is to enhance the understanding of inflation dynamics in Malta and investigate the underlying sources of inflation differentials with the euro area. A country that registers persistently higher inflation than its main trading partners will suffer from a deterioration in its external price competitiveness, with subsequent losses in output and employment. This is even more relevant in the context of a monetary union, where asymmetric shocks cannot be corrected by changes in monetary or exchange rate policies but rather through structural policies and relative adjustments in prices and wages.
Dokumentart: 
Working Paper

Datei(en):
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