Low Inflation In The Euro Area
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Language: en
Pages: 34
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Type: BOOK - Published: 2014-10-22 - Publisher: International Monetary Fund
The synchronized disinflation across Europe since end-2011 raises the question of whether non-euro area EU countries are affected by the undershooting of the eu
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Pages: 185
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Central banks around the world try to influence economic activity by altering nominal interest rates which will have an effect on the real rate. However, this i
Language: en
Pages: 25
Pages: 25
Type: BOOK - Published: 2018-08-22 - Publisher: International Monetary Fund
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 t
Language: en
Pages: 46
Pages: 46
Type: BOOK - Published: 2017 - Publisher:
Inflation in the euro area has been falling since mid-2013, turned negative at the end of 2014 and remained below target thereafter. This paper employs a Bayesi
Language: en
Pages: 59
Pages: 59
Type: BOOK - Published: 2018-07-19 - Publisher: International Monetary Fund
Do euro area inflation expectations remain well-anchored? This paper finds that the protracted period of low (and below-target) inflation in the euro area since
