Product market regulation, trend inflation and inflation dynamics in the new Keynesian Phillips curve

Laurence Bloch

Economic Modelling, 2012, vol. 29, issue 5, 2058-2070

Abstract: In this empirical paper, we take a close look at the impact of the observed decline in the product market regulation, and hence in the barriers to entry and in impediments to competition, on inflation dynamics since the early 1980s.

Keywords: Firm entry; Product market regulation; New Keynesian Phillips Curve; Trend inflation; Inflation dynamics; VAR (search for similar items in EconPapers)
JEL-codes: E31 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:29:y:2012:i:5:p:2058-2070

DOI: 10.1016/j.econmod.2012.01.014

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