| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5055007 | Economic Modelling | 2012 | 13 Pages |
Abstract
⺠We investigate the impact of product market regulation on inflation since 1980. ⺠We use a new Keynesian Phillips Curve with firms' entry and non zero trend inflation. ⺠We assess the relevance of this NKPC in the US and France with VAR expectations. ⺠We use OECD indicator on product market regulation for both countries. ⺠It is a good candidate as an exogenous source of the persistence in inflation.
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Laurence Bloch,