Cross-Country Report on Inflation

This Selected Issues paper examines the causes and drivers of low inflation in European inflation targeting countries outside the euro area, focusing on the Czech Republic, Poland, Sweden, and Switzerland. It estimates the effects on inflation from the output gap and external factors, including oil...

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Detalles Bibliográficos
Autor principal: Dept., International Monetary Fund. European.
Autor Corporativo: Dept., International Monetary Fund. European (-)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Washington : International Monetary Fund 2015.
Colección:EBSCO Academic eBook Collection Complete.
IMF Staff Country Reports ; v. Country Report No. 15/184.
Acceso en línea:Conectar con la versión electrónica
Ver en Universidad de Navarra:https://innopac.unav.es/record=b47419763*spi
Descripción
Sumario:This Selected Issues paper examines the causes and drivers of low inflation in European inflation targeting countries outside the euro area, focusing on the Czech Republic, Poland, Sweden, and Switzerland. It estimates the effects on inflation from the output gap and external factors, including oil price changes, nominal effective exchange rate (NEER) fluctuations, and euro area inflation spillovers. It is observed that external factors have been significant drivers of low inflation recently, though their contributions to inflation and the channels through which they operate vary across countr.
Descripción Física:1 recurso electrónico
Formato:Forma de acceso: World Wide Web.
ISBN:9781513553160