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Estimating the sacrifice ratio for the euro area

Author

Listed:
  • Coffinet, G.
  • Matheron, J.
  • Poilly, C.

Abstract

The sacrifice ratio for the euro area is estimated by means of a structural macroeconomic model. This model is used to gauge the impact of wage stickiness on the sacrifice ratio.

Suggested Citation

  • Coffinet, G. & Matheron, J. & Poilly, C., 2007. "Estimating the sacrifice ratio for the euro area," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 08, pages 5-34, Summer.
    • Handle: RePEc:bfr:quarte:2007:08:02
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    Citations

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    Cited by:

    1. repec:zbw:rwirep:0520 is not listed on IDEAS
    2. Pfister, C., 2007. "Labour market flexibility: what does Banque de France research tell us?," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 10, pages 79-93, Winter.
    3. Ansgar Belke & Tobias Böing, 2014. "Sacrifice Ratios for Euro Area Countries: New Evidence on the Costs of Price Stability," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 47(4), pages 455-471, December.
    4. Thórarinn G. Pétursson, 2018. "Disinflation and improved anchoring of long-term inflation expectations - The Icelandic experience," Economics wp77, Department of Economics, Central bank of Iceland.
    5. Zobia BHATTI & Abdul QAYYUM, 2016. "The Cost of Low Inflation in Case of Pakistan," Journal of Economics Library, KSP Journals, vol. 3(2), pages 257-268, June.
    6. Hayelom Yrgaw Gereziher & Naser Yenus Nuru, 2021. "Structural estimates of the South African sacrifice ratio," WIDER Working Paper Series wp-2021-12, World Institute for Development Economic Research (UNU-WIDER).
    7. Ansgar Belke & Tobias Böing, 2014. "Sacrifice Ratios for Euro Area Countries – New Evidence on the Costs of Price Stability," Ruhr Economic Papers 0520, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.

    More about this item

    Keywords

    sacrifice ratio; labour market flexibility; disinflation.;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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