responds to inflation and output volatility, especially during economic crises. This framework offers a promising alternative …

" to inflation, an effect that is known as exchange rate pass-through (ERPT). In particular, if an exchange rate … relatively lower ERPT in the past two decades, the exchange rate continues to be a large determinant of inflation in several …

We analyze the determinants of the inflation trends in ten Southeast European (SEE) countries. Global cost …-related factors and euro area (EA) inflation developments play an important role in explaining inflation dynamics in SEE countries … exchange to euro area market appear to be susceptible to inflation spillovers from the euro area. Moreover, nominal effective …

This paper studies inflation persistence with time-varying coefficient autoregressions for twelve central European … countries,in comparison with the United States and the euro area. Inflation persistence tends to be higher in times of high … inflation. Since the oil price shocks, inflation persistence has declined both in the US and euro-area. In most central and …