Disinflation in Spain : The Recent Experience /
This paper investigates the causes of the recent disinflation in Spain. A standard Phillips curve model is used to disentangle the contributions of three possible shocks: an adverse demand shock that raises unemployment, a positive supply shock resulting from relative price adjustments or structural...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
1998.
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| Series: | IMF Working Papers; Working Paper ;
No. 1998/106 |
| Online Access: | Full text available on IMF |