Why does the recovery show so little inflation?
Grinnanailís
15-02-2018
We investigate the determinants of inflation in the euro area since 2000 and show that the most important determinants are inflation expectations and wage growth. Both indicators have contributed negatively to inflation since 2014 but inflation expectations less so since 2015 whereas the contribution of wage growth has remained negative. We suggest that structural reforms may have put a drag on the ability of the ECB to reach its inflation target rapidly.
Grinnanailís
Údar seachtarach
Christophe BLOT, Jérôme CREEL, Paul HUBERT, OFCE (Sciences Po)
Maidir leis an doiciméad seo
Saghas foilseacháin
Eochairfhocal
- AIRGEADAS
- An Banc Ceannais Eorpach
- an limistéar euro
- AN tAONTAS EORPACH
- anailís eacnamaíoch
- anailís eacnamaíoch
- bainistíocht pearsanra agus íocaíocht foirne
- beartas aonair airgeadaíochta
- boilsciú
- caidreamh airgeadaíochta
- dálaí eacnamaíocha
- dífhostaíocht
- EACNAMAÍOCHT
- eacnamaíocht airgeadaíochta
- fostaíocht
- FOSTAÍOCHT AGUS DÁLAÍ OIBRE
- fás eacnamaíoch
- institiúidí an AE agus an tseirbhís shibhialta Eorpach
- margadh an tsaothair
- margadh an tsaothair
- socrú pá
- staidreamh an Aontais Eorpaigh
- téarnamh eacnamaíoch