Maier, Philipp; Cavelaars, Paul - de Nederlandsche Bank - 2003
increase sharply, whereas the impact on the current euro area is likely to be small, albeit not negligible. Our results support …We analyse the possible impact of EMU enlargement on inflation rates in the ac-cession countries. We establish two main … the accession countries. Our findings indicate that (trend) inflation rates in the EMU candidate countries are likely to …