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    Inflation linkages within the Eurozone: core vs. periphery

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    Sharma_SJPE_2018.pdf (636.6Kb)
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    Publication date
    2019-05
    Author
    Magkonis, Georgios
    Sharma, Abhijit
    Keyword
    Inflation transmission
    Inflation spillovers
    Eurozone
    Peripheral economies
    Rights
    © 2018 Scottish Economic Society. This is the peer reviewed version of the following article: Magkonis G and Sharma A (2018) Inflation linkages within the Eurozone: core vs. periphery. Scottish Journal of Political Economy. 66(2): 277-289, which has been published in final form at https://doi.org/10.1111/sjpe.12184. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.
    Peer-Reviewed
    Yes
    
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    Abstract
    We examine the process of inflation transmission among GIIPS countries (Greece, Ireland, Italy, Portugal and Spain) and Germany. Our findings suggest that inflation spillovers have increased since 2001. We also find that peripheral economies are (dis‐)inflation transmitters to the core. This finding is significant for policy formulation, given the very low inflation environment that currently exists in the Euro area and the macroeconomic implications that arise from this.
    URI
    http://hdl.handle.net/10454/16562
    Version
    Accepted manuscript
    Citation
    Magkonis G and Sharma A (2019) Inflation linkages within the Eurozone: core vs. periphery. Scottish Journal of Political Economy. 66(2): 277-289.
    Link to publisher’s version
    https://doi.org/10.1111/sjpe.12184
    Type
    Article
    Collections
    Management and Law Publications

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