Inflation linkages within the Eurozone: core versus periphery

Georgios Magkonis; Abhijit Sharma

doi:10.1111/sjpe.12184

Inflation linkages within the Eurozone: core versus periphery

Georgios Magkonis, Abhijit Sharma

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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.

Original language	English
Journal	Scottish Journal of Political Economy
Early online date	16 Jun 2018
DOIs	https://doi.org/10.1111/sjpe.12184
Publication status	Early online - 16 Jun 2018

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Magkonis_2018b
This is the peer reviewed version of the following article: Magkonis, G. and Sharma, A. (2018), Inflation Linkages Within The Eurozone: Core vs. Periphery. Scott J Polit Econ. . doi:10.1111/sjpe.12184, 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 Use of Self-Archived Versions.
Accepted author manuscript (Post-print), 294 KB

https://onlinelibrary.wiley.com/doi/abs/10.1111/sjpe.12184

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Magkonis, G. (Creator), University of Portsmouth, 11 Jul 2018
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Inflation linkages within the Eurozone: core versus periphery

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