TY - UNPD A1 - Moretti, Laura T1 - The determinants of inflation differentials in the euro area T2 - Center for Financial Studies (Frankfurt am Main): CFS working paper series ; 451 N2 - Inflation differentials in the euro area have been persistent since the adoption of the single currency. This paper analyzes the impact of product and labor market regulation on inflation in a sample of 11 countries. The results show that, after the adoption of the euro, product market deregulation has a relevant and significant effect on the level of inflation, while higher labor market regulation increases the responsiveness of inflation to the output gap. T3 - CFS working paper series - 451 KW - Labor Market Deregulation KW - Product Market Deregulation KW - EMU KW - Inflation Rate Y1 - 2014 UR - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/33161 UR - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-331612 PB - Center for Financial Studies CY - Frankfurt, M. ER -