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Autor:innen: 
Moretti, Laura
Datum: 
2014
Schriftenreihe/Nr.: 
CFS Working Paper No. 451
Verlag: 
Goethe University Frankfurt, Center for Financial Studies (CFS), Frankfurt a. M.
Zusammenfassung: 
Inflation differentials in the euro area have been persistent since the adoption of the single currency. This paper analyzes the impact of product and labor market regulation on inflation in a sample of 11 countries. The results show that, after the adoption of the euro, product market deregulation has a relevant and significant effect on the level of inflation, while higher labor market regulation increases the responsiveness of inflation to the output gap.
Schlagwörter: 
Labor Market Deregulation
Product Market Deregulation
EMU
Inflation Rate
JEL: 
E31
E58
E65
L51
Dokumentart: 
Working Paper

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