Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/57370 
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dc.contributor.authorMoretti, Lauraen
dc.date.accessioned2012-02-02-
dc.date.accessioned2012-04-20T17:09:37Z-
dc.date.available2012-04-20T17:09:37Z-
dc.date.issued2012-
dc.identifier.piurn:nbn:de:hebis:30:3-241164en
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
dc.language.isoengen
dc.publisher|aGoethe University Frankfurt, Center for Financial Studies (CFS) |cFrankfurt a. M.en
dc.relation.ispartofseries|aCFS Working Paper |x2012/01en
dc.subject.jelE31en
dc.subject.jelE58en
dc.subject.jelE65en
dc.subject.jelL51en
dc.subject.ddc330en
dc.subject.keywordInflation Targetingen
dc.subject.keywordProduct Market Deregulationen
dc.subject.keywordDifference in Differenceen
dc.subject.stwInflation Targetingen
dc.subject.stwProdukten
dc.subject.stwMarkten
dc.subject.stwDeregulierungen
dc.subject.stwNew-Keynesian Phillips Curveen
dc.subject.stwSchätzungen
dc.subject.stwOECD-Staatenen
dc.titleInflation targeting and product market deregulation-
dc.typeWorking Paperen
dc.identifier.ppn684642581en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:cfswop:201201en

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