Understanding Euro Area Inflation Dynamics : Why So Low for So Long? /

Understanding Euro Area Inflation Dynamics : Why So Low for So Long? /

Despite closing output gaps and tightening labor markets, inflation has remained low in the euro area. Based on an augmented Phillips Curve framework, we find that this phenomenon-sometimes attributed to low global inflation-has been primarily caused by a remarkable persistence of inflation, keeping...

书目详细资料
主要作者:	Abdih, Yasser
其他作者:	Lin, Li, Paret, Anne-Charlotte
格式:	杂志
语言:	English
出版:	Washington, D.C. : International Monetary Fund, 2018.
丛编:	IMF Working Papers; Working Paper ; No. 2018/188
在线阅读:	Full text available on IMF

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