Report
Absence of inflation in OECD countries despite several structural developments that should have been inflationary
Inflation now remains very low in OECD countries. This is surprising, first since the money supply has increased very rapidly and also because the unemployment rate has fallen sharply. But it is also surprising because structural developments should have been inflationary: Rising production costs in emerging countries; Population ageing; Transformation of economies into service economies; Appearance of companies with dominant positions. The lack of inflation despite these structural developments shows the powerful and dominant effect of the disappearance of wage inflation due to the decline in employees' bargaining power.
Provider
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
Other Reports from Natixis
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.