currency. The assessment of the inflation criterion concentrates on the potential clash with so called real convergence showing … applying for the ERM-II membership. Finally, the pros and cons of inflation targeting are discussed from the perspective of … promoting the fulfilment of Maastricht requirements. Attention is paid to the issue of optimal exit form inflation targeting …

currency. The assessment of the inflation criterion concentrates on the potential clash with so called real convergence showing … applying for the ERM-II membership. Finally, the pros and cons of inflation targeting are discussed from the perspective of … promoting the fulfilment of Maastricht requirements. Attention is paid to the issue of optimal exit form inflation targeting …

The article summarizes the main points discussed at the seminar on Monetary Policy during Very Low Inflation, held by … research into low inflation and its implication for the Czech economy. The presentation was largely based on material available …

variability of interest rates, inflation and output gap. The results are reported for countries with independent monetary policy …

There are three possible price movements in a market economy: stability, inflation, and deflation. Inflation and … deflation are defined in this article as changes in the purchasing power of money caused by the money creation. Inflation and …