This paper explores the impact of the exchange rate regime on inflation and output in the Central and Eastern European … exchange rate stability have a better explanatory power than the de jure measures in the inflation and growth equations. For … the whole observation period the estimations reveal a significant impact of exchange rate stability on low inflation as …

The sovereign debt crisis has made it clear that central banking is more than keeping inflation low. Central banks are …

countries with high inflation, the output effects of monetary policies are significantly reduced. A lot of variation in the …