Babetskii, Ian; Coricelli, Fabrizio; Horvath, Roman - Česká Národní Banka - 2007
The paper provides an empirical analysis of inflation persistence in the Czech Republic using 412 detailed product-level consumer price indexes underlying the consumer basket over the period from 1994:M1 to 2005:M12. Subject to various sensitivity tests, our results suggest that raw goods and...