| dc.creator |
Vaona, Andrea |
|
| dc.date |
2006 |
|
| dc.date.accessioned |
2013-10-16T06:06:14Z |
|
| dc.date.available |
2013-10-16T06:06:14Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/3841 |
|
| dc.identifier |
ppn:514919418 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/3841 |
|
| dc.description |
The main purpose of this paper is to merge together two strands of the literature regarding, either directly or indirectly, inflation: the PPP and the Phillips curve ones. In order to accomplish this task, this contribution applies the tools of the Empirical Growth Literature and of Dynamic Panel Data estimation on a sample of 81 Italian provinces from the year 1986 to the year 1998, exploiting cross-sectional variation to avoid to use instruments not directly connected with the inflation generating process. This research strategy allows to conclude that inflation is characterized by a low degree of persistence and by conditional b-convergence across provinces. Its most suitable driving variable is the unemployment rate and there are long-term non neutralities at the regional level. |
|
| dc.language |
eng |
|
| dc.publisher |
Kiel Institute for the World Economy (IfW) Kiel |
|
| dc.relation |
Kieler Arbeitspapiere 1282 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
Inflation |
|
| dc.subject |
Regionale Preisstruktur |
|
| dc.subject |
Kaufkraftparität |
|
| dc.subject |
Phillips-Kurve |
|
| dc.subject |
Schätzung |
|
| dc.subject |
Italien |
|
| dc.title |
Merging the purchasing power parity and the Phillips curve literatures: Regional evidence from Italy |
|
| dc.type |
doc-type:workingPaper |
|