Mitrović-Mijatović, Marijana; Ivanović, Maja - In: Journal of Central Banking Theory and Practice 6 (2017) 2, pp. 101-124
This paper analyses inflation in Montenegro, a country which uses euro outside the euro area, and investigates the factors which contribute to price differentials in Montenegro relative to the euro area. Furthermore, the paper examines whether changes in the real effective exchange rates, which...