Forte, Antonio (2009): The stability of the inflation rate in the Euro area: the role of Globalization and labour market.
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In this paper I present a statistical analysis of some macroeconomic data that can shed more light on the causes of the low inflation rate that we registered in the Euro area during the last years. I focus on both the globalization and the labour market for their importance, as external and internal factor respectively, in influencing the domestic inflation. The main finding of this study, in which I also present an international comparison, is that the firms’ behaviour can help explain the stable trend of the inflation rate in the Euro area. This result can be interpreted as a signal of the redistribution, in favour of the firms, of the positive features of the globalization process
|Item Type:||MPRA Paper|
|Original Title:||The stability of the inflation rate in the Euro area: the role of Globalization and labour market|
|Keywords:||Inflation rate; Euro area; Exchange rate; Labour cost|
|Subjects:||L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L25 - Firm Performance: Size, Diversification, and Scope
E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E31 - Price Level; Inflation; Deflation
F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade
|Depositing User:||Antonio Forte|
|Date Deposited:||07. Aug 2009 00:22|
|Last Modified:||12. Feb 2013 15:30|
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