Euro Area Policies: Selected Issues

International Monetary Fund

No 2006/288, IMF Staff Country Reports from International Monetary Fund

Abstract: The paper discusses the purpose, properties, and theoretical foundations of various indicators of inflation and also describes the forecasting methodology and performance of these indicators. It reviews the successful European labor market reform experiences and analyzes regulatory and supervisory frameworks in the European Union (EU), and assessments carried out under the IMF-World Bank Financial Sector Assessment Program (FSAP). It also investigates whether the cross-country correlation of bank business in Europe makes a good case for pan-European supervision.

Keywords: ISCR; CR; EU country; wage; underlying inflation; wage moderation; balance sheet; EU directive; government wage bill; product market; Inflation; Employment; Financial Sector Assessment Program; Labor supply; Labor taxes; Europe; Central and Eastern Europe (search for similar items in EconPapers)
Pages: 138
Date: 2006-08-02
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Citations: View citations in EconPapers (6)

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